Lozanić was born in the settlement of Melenci in Banat, as the only child of father Drago and mother Marija.
In 1906, he married Jelena Rajković, a girl from a well-to-do family, with whom he would have four daughters: Cveta, Radmila (later the wife of the painter Kosta Hakman[2]), Ružica, and Milica.
He acted as a patron of the Home for the Blind in Zemun, choir singers of KUD "Abrasević", football players of BSK, artists, guild colleagues-craftsmen, and others.
Attempts were also made to accuse Lozanić of war profiteering under occupation, but the workers of "Merkur" defended their former boss from this accusation, so Lozanić was spared the punishment of shooting or imprisonment.
In 2017, the Radio Television of Serbia made the documentary Zvona Sava Lozanića (2017),[4][5] directed by Dragan M. Ćirjanić, which premiered on Christmas, January 7, 2018.