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May 2, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Seattle, Business Loans > Viking Bank Seattle Business Loans > Subway #3611 Loan | ||||
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Washington Small Business Funding for Franchises
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Seattle, WA Entrepreneur Gets SBA Loan to Buy Subs & Pastas FranchiseNeed a loan to purchase a Subs & Pastas franchise? Viking Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Seattle, Washington needed money to invest in a Subs & Pastas franchise back in 2003. Viking Bank issued an SBA franchise loan. Here are the details on this Washington small business loan. SBA Loan Borrower SUBWAY #3611 SBA Loan Lender VIKING BANK 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 3/25/2003 Loan Approval Gross Amount $215,000 Loan Approval from the SBA Of the total $215,000 loan amount, the SBA guaranteed $161,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Subs & Pastas franchise. At the time of the loan, the company had 8 employees. This SBA loan request indicated that the loan would help retain 8 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. 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 $215,000 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: Find an SBA Lender in Seattle, Washington SBA Participating Banks in Washington
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