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April 28, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Mounds View, Business Loans > Western Bank Mounds View Business Loans > Cousins Subs Loan | ||||
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How Can I Buy a Franchise in Oak Park Heights, Minnesota?
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Minnesota Entrepreneur Secures Financing to Buy Cousins Submarines restaurant FranchiseNeed money to invest in a Cousins Submarines restaurant franchise? Western Bank has a history of making these loans and they are guaranteed by the SBA. Cousins Submarines restaurant franchise loans are available to Oak Park Heights, Minnesota entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Western Bank, based in Mounds View, Minnesota, issued an SBA franchise loan for a Cousins Submarines restaurant franchise in 2003. We've got all the details on this Minnesota small business loan. SBA Loan Borrower COUSINS SUBS SBA Loan Lender WESTERN BANK This lender processed this business 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 12/18/2003 Loan Approval Gross Amount $76,000 Loan Approval from the SBA Of the total $76,000 loan amount, the SBA guaranteed $38,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Cousins Submarines restaurant franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs. Getting an SBA Loan For Your Business If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great funding source Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $76,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Small Business Banks in Mounds View, Minnesota Getting an SBA Loan in Minnesota
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