Alliance, OH Entrepreneur Gets SBA Loan to Buy Mr. Hero Sandwich Shop Franchise

Borrowing money to invest in a Mr. Hero Sandwich Shop franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Mr. Hero Sandwich Shop franchise? If so, here's a 2005 SBA franchise loan that you should know about. Jpmorgan Chase Bank was the lender and the entrepreneur was based in Alliance, Ohio.

SBA Loan Borrower

TBM HERO, LTD.
ALLIANCE, OH 44601

SBA Loan Lender

JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002

This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

4/1/2005

Loan Approval Gross Amount

$66,100

Loan Approval from the SBA

Of the total $66,100 loan amount, the SBA guaranteed $33,050.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Mr. Hero Sandwich Shop franchise. At the time of the loan, the company had no employees. The SBA loan application for the borrower indicated that the loan would help create 20 new jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

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