Loan Census Banking News and Information
May 16, 2024  
 
 
  Business Loan Information  
 

Best Banks for Franchise Loans in Oregon

 

 
Loan Census SBA Loan Info

Loan to Buy Subway Sandwich Shop Franchise Issued By Pacific Continental Bank

Borrowing money to invest in a Subway Sandwich Shop franchise? Pacific Continental Bank has a history of making these loans and they are guaranteed by the SBA.

Subway Sandwich Shop franchise loans are available to Wilsonville, Oregon entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Pacific Continental Bank, based in Eugene, Oregon, issued an SBA franchise loan for a Subway Sandwich Shop franchise in 2000. We've got all the details on this Oregon small business loan.

SBA Loan Borrower

SUBWAY #18554
WILSONVILLE, OR 97070

SBA Loan Lender

PACIFIC CONTINENTAL BANK
1450 HIGH ST
EUGENE, OR 97401

This loan for a small business was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending history and a thorough understanding of SBA policies and procedures.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

Loan Approval Date

2/29/2000

Loan Approval Gross Amount

$112,000

Loan Approval from the SBA

Of the total $112,000 loan amount, the SBA guaranteed $84,000.

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 10 employees. This SBA loan request did not indicate that the small business planned to use the funding 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.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $112,000 loan. Remember, things become real when you believe you can achieve them!

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

Banking Deregulation's Effects on Entrepreneurship

Who Lends Money to Small Businesses in Eugene, Oregon

SBA Lenders in Oregon