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May 9, 2024  
 
 
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SBA 7A Banks for Oswego, New York Small Business Owners

 

 
Loan Census SBA Loan Info

Oswego, NY Entrepreneur Gets SBA Loan to Buy Subway Sandwich Shop Franchise

Need a loan to purchase a Subway Sandwich Shop franchise? Valley National Bank has a history of making these loans and they are guaranteed by the SBA.

Subway Sandwich Shop franchise loans are available to Oswego, New York entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Valley National Bank, based in North Plainfield, New Jersey, issued an SBA franchise loan for a Subway Sandwich Shop franchise in 2002. We've got all the details on this New York small business loan.

SBA Loan Borrower

SUBWAY SANDWICHES BY FERRIS
OSWEGO, NY 13126

SBA Loan Lender

VALLEY NATIONAL BANK
1334 RTE 22 EAST
NORTH PLAINFIELD, NJ 07060

This lender provides SBA 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

12/10/2002

Loan Approval Gross Amount

$135,600

Loan Approval from the SBA

Of the total $135,600 loan amount, the SBA guaranteed $115,260.

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 only one employee. The SBA loan documents indicated that the loan would help generate 9 new jobs and retain 1 existing job.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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:

Subway

Startup Funding Tip

Small Business Banks in North Plainfield, New Jersey

SBA Participating Banks in New Jersey