Loan to Buy Subway Sandwich Shop Franchise Issued By Lehman Brothers Bank, Fsb

Borrowing money to purchase a Subway Sandwich Shop franchise? Lehman Brothers Bank, Fsb has a history of making these loans and they are guaranteed by the SBA.

Subway Sandwich Shop franchise loans are available to Pelham, Alabama entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Lehman Brothers Bank, Fsb, based in Boston, Massachusetts, issued an SBA franchise loan for a Subway Sandwich Shop franchise in 2000. We've got all the details on this Alabama small business loan.

SBA Loan Borrower

SUBWAY
PELHAM, AL 35124

SBA Loan Lender

LEHMAN BROTHERS BANK, FSB
101 SUMMER ST
BOSTON, MA 02110

This SBA bank loan was sent in by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA provides a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

Loan Approval Date

7/6/2000

Loan Approval Gross Amount

$885,000

Loan Approval from the SBA

Of the total $885,000 loan amount, the SBA guaranteed $663,750.

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 42 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

We can help you find the best banks for small businesses in Pelham or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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.

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