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May 12, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Lake Oswego, Business Loans > West Coast Bank Lake Oswego Business Loans > Subway #28840 Loan | ||||
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Business Loans for Battle Ground Small Businesses
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Battle Ground, WA Entrepreneur Gets SBA Loan to Buy Subway Sandwich Shop FranchiseNeed money to purchase a Subway Sandwich Shop franchise? West Coast Bank has a history of making these loans and they are guaranteed by the SBA. Subway Sandwich Shop franchise loans are available to Battle Ground, Washington entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, West Coast Bank, based in Lake Oswego, Oregon, issued an SBA franchise loan for a Subway Sandwich Shop franchise in 2004. We've got all the details on this Washington small business loan. SBA Loan Borrower SUBWAY #28840 SBA Loan Lender WEST COAST BANK This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 1/22/2004 Loan Approval Gross Amount $147,000 Loan Approval from the SBA Of the total $147,000 loan amount, the SBA guaranteed $124,950. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Subway Sandwich Shop franchise. At the time of the loan, the company had 30 employees. The SBA loan application for the borrower indicated that the loan would help generate 7 new jobs and retain 30 existing jobs. Great, But How Can I Get an SBA Loan for My 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 West Coast Bank 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. Related Links: SBA Banks in Lake Oswego, Oregon
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