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April 19, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Rockville, Business Loans > Rockville Bank Rockville Business Loans > Blimpie Subs And Salads Loan | ||||
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Tips for Getting a Franchise Loan
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Vernon, CT Entrepreneur Gets SBA Loan to Buy Blimpie FranchiseBorrowing money to invest in a Blimpie franchise? Rockville Bank has a history of making these loans and they are guaranteed by the SBA. Blimpie franchise loans are available to Vernon, Connecticut entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Rockville Bank, based in Rockville, Connecticut, issued an SBA franchise loan for a Blimpie franchise in 2000. We've got all the details on this Connecticut small business loan. SBA Loan Borrower BLIMPIE SUBS AND SALADS SBA Loan Lender ROCKVILLE BANK This lender issued this particular SBA small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 12/5/2000 Loan Approval Gross Amount $148,000 Loan Approval from the SBA Of the total $148,000 loan amount, the SBA guaranteed $111,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Blimpie franchise. At the time of the loan, the company had 15 employees. The loan application did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. 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 Banks for Small Business in Rockville, Connecticut Getting an SBA Loan in Connecticut
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