Source Business & Indust Devel Cor Provides SBA Loan to Buy Roly Poly Rolled Sandwiches Franchise

Borrowing money to buy a Roly Poly Rolled Sandwiches franchise? Source Business & Indust Devel Cor has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Roly Poly Rolled Sandwiches franchise? If so, here's a 2004 SBA franchise loan that you should know about. Source Business & Indust Devel Cor was the lender and the entrepreneur was based in Baton Rouge, Louisiana.

SBA Loan Borrower

ROLY POLY SANDWICHES
BATON ROUGE, LA 70817

SBA Loan Lender

SOURCE BUSINESS & INDUST DEVEL COR
9400 OLD HAMMOND HIGHWAY,
BATON ROUGE, LA 70809

This lender issued this particular loan for a small business 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.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

2/2/2004

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Roly Poly Rolled Sandwiches franchise. At the time of the loan, the company had 6 employees. The loan application did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Source Business & Indust Devel Cor that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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Roly Poly Rolled Sandwiches

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