Loan Census Banking News and Information
May 14, 2024  
 
 
  Business Loan Information  
 

Is It Possible to Borrow Money for a Franchise in Honolulu, Hawaii?

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Subway Sandwich Shop Franchise

Need a loan to invest in a Subway Sandwich Shop franchise? Central Pacific Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Subway Sandwich Shop franchise shouldn't be overly burdensome. In 2001, Central Pacific Bank issued an SBA franchise loan to an entrepreneur in Honolulu, Hawaii. Because Subway Sandwich Shop was registered with the SBA's registry of franchises, this Hawaii small business loan was issued on an expedited basis.

SBA Loan Borrower

PPGG INVESTMENTS, INC.
HONOLULU, HI 96815

SBA Loan Lender

CENTRAL PACIFIC BANK
220 S KING ST
HONOLULU, HI 96813

This debt financing was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

1/22/2001

Loan Approval Gross Amount

$340,000

Loan Approval from the SBA

Of the total $340,000 loan amount, the SBA guaranteed $255,000.

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 15 employees. The SBA loan documents did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you need money to start business in Honolulu HI, you ought to talk with a local Honolulu SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Honolulu businesses.

This SBA loan was for $340,000. How would you spend $340,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Subway

Equity Financing

Good Banks for Small Business in Honolulu, Hawaii

Hawaii SBA 7A Lenders