SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                             ----------------------

                                    FORM 8-K



                                 CURRENT REPORT



                     PURSUANT TO SECTION 13 OR 15(D) OF THE

                         SECURITIES EXCHANGE ACT OF 1934


                          Date of Report: June 14, 2004


                                 PIZZA INN, INC.

             (Exact name of registrant as specified in its charter)



          MISSOURI                    0-12919               47-0654575
(State  or  other  jurisdiction  (Commission         (I.R.S.  Employer
of incorporation or organization) File  Number)Identification  Number)


                    3551 PLANO PARKWAY, THE COLONY, TX 75056

               (Address of principal executive offices)(zip code)



      Telephone number of registrant, including area code:  (469) 384-5000




                             ----------------------

ITEM  5.

See  attached  Exhibit  1.

                                   SIGNATURES


     Pursuant to the requirements of the Securities and Exchange Act of 1934, as
amended,  the  Registrant has duly caused this report to be signed on its behalf
by  the  undersigned  hereunto  duly  authorized.




                              PIZZA  INN,  INC.


                              By:  /s/  Ronald  W.  Parker
                                   Ronald  W.  Parker,  Chief  Executive Officer

Date:     June  14,  2004

               PIZZA INN, INC.'S CEO REPAYS REMAINING LOAN BALANCE


THE  COLONY, TEXAS -JUNE 11, 2004- PIZZA INN, INC. (NASDAQ:PZZI) announced today
that  Ronald  W.  Parker,  the  Company's President and Chief Executive Officer,
repaid  in  full  his  outstanding  loan  to  the  Company,  which had a current
remaining  balance  of  approximately  $676,000.  This  loan originated from his
purchase  of  Company  stock through the exercise of stock options.  The Company
has  no  other outstanding loans to officers.  The Company will use the proceeds
to  reduce  its  outstanding  indebtedness  under  its existing revolving credit
facility  which  balance  is  currently  $1.2  million  (before  repayment).

Pizza  Inn,  Inc.  is  headquartered  in  The  Colony,  Texas,  along  with  its
distribution  division,  Norco  Restaurant  Distribution  Services.  Pizza  Inn
represents over 400 restaurants with annual sales of approximately $170 million.