Home National Bank Provides SBA Loan to Buy Mr. Goodcents Sub' And Pasta Franchise

Need money to invest in a Mr. Goodcents Sub' And Pasta franchise? Home National Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Mr. Goodcents Sub' And Pasta franchise? If so, here's a 2000 SBA franchise loan that you should know about. Home National Bank was the lender and the entrepreneur was based in Glendale, Arizona.

SBA Loan Borrower

MR. GOODCENTS
GLENDALE, AZ 85306

SBA Loan Lender

HOME NATIONAL BANK
13840 N NORTHSIGHT BLVD, STE
SCOTTSDALE, AZ 85260

This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

Loan Approval Date

2/16/2000

Loan Approval Gross Amount

$121,600

Loan Approval from the SBA

Of the total $121,600 loan amount, the SBA guaranteed $91,200.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Mr. Goodcents Sub' And Pasta franchise. At the time of the loan, the company had 15 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

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

This SBA loan was for $121,600. How would you spend $121,600 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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.

Related Links:

Mr. Goodcents Subs & Pastas

Advice on Getting a Small Business Loan

Find an SBA Lender in Scottsdale, Arizona

Getting an SBA Loan in Arizona