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May 3, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Longview, Business Loans > Twin City Bank Longview Business Loans > Subway #22951 Loan | ||||
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Banks for Portland, Oregon Business Owners
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Borrow Money to Buy a Subway Sandwich Shop FranchiseBorrowing money to buy a Subway Sandwich Shop franchise? Twin City Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Subway Sandwich Shop franchise may simply require a phone call to a local SBA banker. In 2001, Twin City Bank issued an SBA franchise loan to an entrepreneur in Portland, Oregon. Because Subway Sandwich Shop was registered with the SBA's registry of franchises, this Oregon small business loan was issued on an expedited basis. SBA Loan Borrower SUBWAY #22951 SBA Loan Lender TWIN CITY BANK This lender issued this particular business 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 NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 1/2/2001 Loan Approval Gross Amount $119,900 Loan Approval from the SBA Of the total $119,900 loan amount, the SBA guaranteed $101,915. 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 10 employees. The SBA loan documents did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! 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. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? 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: Where to Get an SBA Loan in Longview, Washington
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