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May 1, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > New Haven, Business Loans > Webster Bank New Haven Business Loans > Marjohn Holding Corp Loan | ||||
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Raising Money in New Britain, Connecticut With SBA Loans
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Connecticut Entrepreneur Secures Financing to Buy Subway Sandwich Shop FranchiseNeed money to buy a Subway Sandwich Shop franchise? Webster Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Subway Sandwich Shop franchise? If so, here's a 2003 SBA franchise loan that you should know about. Webster Bank was the lender and the entrepreneur was based in New Britain, Connecticut. SBA Loan Borrower MARJOHN HOLDING CORP SBA Loan Lender WEBSTER BANK This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 4/22/2003 Loan Approval Gross Amount $240,000 Loan Approval from the SBA Of the total $240,000 loan amount, the SBA guaranteed $120,000. 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 8 employees. This SBA loan request indicated that the loan would help retain 8 existing jobs. Great, But How Can I Get an SBA Loan for My Business? For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. 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 New Haven, Connecticut Banks for Small Business
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