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May 14, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > New York, Business Loans > Newtek Small Business Finance Inc. New York Business Loans > Subway Loan | ||||
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Raising Money in Destrehan, Louisiana With SBA Loans
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Newtek Small Business Finance Inc. Provides SBA Loan to Buy Subway Sandwich Shop FranchiseNeed a loan to buy a Subway Sandwich Shop franchise? Newtek Small Business Finance Inc. has a history of making these loans and they are guaranteed by the SBA. Subway Sandwich Shop franchise loans are available to Destrehan, Louisiana entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Newtek Small Business Finance Inc., based in New York, New York, issued an SBA franchise loan for a Subway Sandwich Shop franchise in 2005. We've got all the details on this Louisiana small business loan. SBA Loan Borrower SUBWAY SBA Loan Lender NEWTEK SMALL BUSINESS FINANCE INC. This lender provides SBA bank 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 6/13/2005 Loan Approval Gross Amount $382,000 Loan Approval from the SBA Of the total $382,000 loan amount, the SBA guaranteed $286,500. 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 3 employees. This SBA loan request indicated that the loan would help generate 18 new jobs and retain 21 existing jobs. Getting an SBA Loan For Your Business SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Best Banks in New York, New York
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