Loan to Buy Subway Sandwich Shop Franchise Issued By Platte Valley St. Bank & Trust

Need a loan to purchase a Subway Sandwich Shop franchise? Platte Valley St. Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

Subway Sandwich Shop franchise loans are available to Alma, Nebraska entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Platte Valley St. Bank & Trust, based in Kearney, Nebraska, issued an SBA franchise loan for a Subway Sandwich Shop franchise in 2004. We've got all the details on this Nebraska small business loan.

SBA Loan Borrower

GREG AND ELLEN LAKIN INC
ALMA, NE 68920

SBA Loan Lender

PLATTE VALLEY ST. BANK & TRUST
2223 2ND AVE
KEARNEY, NE 68847

This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

10/22/2004

Loan Approval Gross Amount

$10,000

Loan Approval from the SBA

Of the total $10,000 loan amount, the SBA guaranteed $5,000.

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 15 employees. The SBA loan documents indicated that the loan would help retain 15 existing jobs.

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.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Platte Valley St. Bank & Trust are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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

Accountant's Role in Securing Financing

SBA Approved Banks in Kearney, Nebraska

SBA Nebraska Lenders