Loan to Buy Subway Sandwich Shop Franchise Issued By Rabobank, National Association
Borrowing money to invest in a Subway Sandwich Shop franchise? Rabobank, National Association has a history of making these loans and they are guaranteed by the SBA.
Subway Sandwich Shop franchise loans are available to Paso Robles (corporate Name El, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Rabobank, National Association, based in Arroyo Grande, California, issued an SBA franchise loan for a Subway Sandwich Shop franchise in 2000. We've got all the details on this California small business loan.
SBA Loan Borrower
SUBWAY SANDWICH SHOPS
PASO ROBLES (CORPORATE NAME EL, CA 93446
SBA Loan Lender
RABOBANK, NATIONAL ASSOCIATION
1026 E GRAND AVE
ARROYO GRANDE, CA 93420
The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
722110 - Full-Service Restaurants
Loan Approval Date
11/15/2000
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
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 44 employees. This SBA loan request indicated that the loan would help generate 2 new jobs.
Next Steps for Getting an SBA Loan
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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:
Subway
Realistic Debt Financing Options
Who Lends Money to Small Businesses in Arroyo Grande, California
California SBA Bank Lenders