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April 26, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Rowlett, Business Loans > Amer National Bank - Texas Rowlett Business Loans > Roly Poly Sandwiches Loan | ||||
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Rowlett, Texas Bank Loan
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Texas Entrepreneur Secures Financing to Buy Roly Poly Rolled Sandwiches FranchiseNeed a loan to purchase a Roly Poly Rolled Sandwiches franchise? Amer National Bank - Texas has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Roly Poly Rolled Sandwiches franchise? If so, here's a 2003 SBA franchise loan that you should know about. Amer National Bank - Texas was the lender and the entrepreneur was based in Rowlett, Texas. SBA Loan Borrower ROLY POLY SANDWICHES SBA Loan Lender AMER NATIONAL BANK - TEXAS This was a Low Documentation SBA loan. The SBA started this program to limit the paperwork associated with borrowing money. The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 11/20/2003 Loan Approval Gross Amount $80,000 Loan Approval from the SBA Of the total $80,000 loan amount, the SBA guaranteed $68,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Roly Poly Rolled Sandwiches franchise. At the time of the loan, the company had 10 employees. The SBA loan application for the borrower did not indicate that the business planned to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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: Advice on Getting a Small Business Loan Small Bank Loans in Rowlett, Texas
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