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March 28, 2024  
 
 
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First Florida Bank Small Business Franchise Loan

 

 
Loan Census SBA Loan Info

First Florida Bank Provides SBA Loan to Buy Firehouse Subs Franchise

Borrowing money to buy a Firehouse Subs franchise? First Florida Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Lithia, Florida needed money to invest in a Firehouse Subs franchise back in 2004. First Florida Bank issued an SBA franchise loan. Here are the details on this Florida small business loan.

SBA Loan Borrower

FIREHOUSE SUBS
LITHIA, FL 33547

SBA Loan Lender

FIRST FLORIDA BANK
8850 TAMIAMI TRL NORTH
NAPLES, FL 34108

This small business loan 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.

SIC Code

5812 - Eating Places

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

12/27/2004

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Firehouse Subs franchise. At the time of the loan, the company had 40 employees. The SBA loan application for the borrower 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

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

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Firehouse Subs

Strategic Investors

SBA 7A Banks for Naples, Florida Loans

SBA Lenders in Florida