Private company

Chicago Franchise Systems, Inc.

American restaurant company

Chicago Franchise Systems, Inc., operates Italian-based Chicago-style restaurants in Illinois, Georgia, North Carolina, and Missouri which specialize in Chicago-style cuisine. They have operated since 1990, when they took over the popular Nancy's Pizza chain of pizzerias. Nancy's itself was started in 1971 by Nancy and Rocco Palese.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1971Founded1

Chicago Franchise Systems, Inc., operates Italian-based Chicago-style restaurants in Illinois, Georgia, North Carolina, and Missouri which specialize in Chicago-style cuisine. They have operated since 1990, when they took over the popular Nancy's Pizza chain of pizzerias. Nancy's itself was started in 1971 by Nancy and Rocco Palese. CFS, Inc. operates as a franchisor for Nancy's Pizzerias.2

Timeline

  1. 1971Founded Founded1

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$204.8K 2020–2020
Money received by yearMoney received by year, 2020–2020: $204.8K in all. PPP loans $204.8K.$0$100K$200K$300K2020 · PPP loans: $204.8K2020
Figures by year
YearPPP loansTotal
2020$204.8K$204.8K

PPP loans

Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA3. Matched to this company by name and state.

  1. Apr 27, 2020$204.8K PPP loan (first draw) from Old Plank Trail Community Bank, National Association3To CHICAGO FRANCHISE SYSTEMS, INC., Mokena IL; $206.1K forgiven Feb 12, 2021

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3