Loan to Buy Subway Sandwich Shop Franchise Issued By Csra Local Devel Corp

Need money to buy a Subway Sandwich Shop franchise? Csra Local Devel Corp has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Aiken, South Carolina needed money to invest in a Subway Sandwich Shop franchise back in 2002. Csra Local Devel Corp issued an SBA franchise loan. Here are the details on this South Carolina small business loan.

SBA Loan Borrower

SUBWAY SANDWICHES AND SALADS
AIKEN, SC 29801

SBA Loan Lender

CSRA LOCAL DEVEL CORP
3023 RIVERWATCH PARKWAY, SUIT
AUGUSTA, GA 30907

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

9/27/2002

Loan Approval Gross Amount

$245,000

Loan Approval from the SBA

Of the total $245,000 loan amount, the SBA guaranteed $183,750.

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 only one employee. The loan application did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Csra Local Devel Corp and they will explain how you can get an SBA loan for your company.

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:

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The Friends and Family Network

SBA Approved Banks in Augusta, Georgia

SBA Lenders in Georgia