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May 2, 2024  
 
 
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Loans to Buy a Franchise in Florida

 

 
Loan Census SBA Loan Info

Pensacola, FL Entrepreneur Gets SBA Loan to Buy Firehouse Sues Franchise

Need a loan to buy a Firehouse Sues franchise? Whitney National Bank has a history of making these loans and they are guaranteed by the SBA.

Firehouse Sues franchise loans are available to Pensacola, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Whitney National Bank, based in New Orleans, Louisiana, issued an SBA franchise loan for a Firehouse Sues franchise in 2002. We've got all the details on this Florida small business loan.

SBA Loan Borrower

FIREHOUSE SUBS
PENSACOLA, FL 32503

SBA Loan Lender

WHITNEY NATIONAL BANK
228 ST. CHARLES AVE
NEW ORLEANS, LA 70130

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

4/17/2002

Loan Approval Gross Amount

$148,500

Loan Approval from the SBA

Of the total $148,500 loan amount, the SBA guaranteed $126,225.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Firehouse Sues 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 and retain 3 existing jobs.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $148,500 loan. Remember, you control your own destiny.

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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SBA Banks in New Orleans, Louisiana

SBA Louisiana Lenders