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May 1, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > San Diego, Business Loans > U.S. Bank National Association San Diego Business Loans > Subway Loan | ||||
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I Need a Business Loan to Buy a Franchise in Moses Lake, Washington
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Borrow Money to Buy a Subway Sandwich Shop FranchiseBorrowing money to purchase a Subway Sandwich Shop franchise? U.S. Bank National Association has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Moses Lake, Washington needed money to invest in a Subway Sandwich Shop franchise back in 2005. U.S. Bank National Association issued an SBA franchise loan. Here are the details on this Washington small business loan. SBA Loan Borrower SUBWAY SBA Loan Lender U.S. BANK NATIONAL ASSOCIATION This commercial loan was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan guaranty requests to the SBA get more expeditious service from the SBA on their loan applications. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 11/9/2005 Loan Approval Gross Amount $148,000 Loan Approval from the SBA Of the total $148,000 loan amount, the SBA guaranteed $125,800. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Subway Sandwich Shop franchise. At the time of the loan, the company had 8 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: SBA Banks in San Diego, California
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