Borrow Money to Buy a Subway Sandwich Shop Franchise
Need money to buy a Subway Sandwich Shop franchise? Anchorbank, Fsb has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Subway Sandwich Shop franchise? If so, here's a 2003 SBA franchise loan that you should know about. Anchorbank, Fsb was the lender and the entrepreneur was based in Amery, Wisconsin.
SBA Loan Borrower
SUBWAY
AMERY, WI 54001
SBA Loan Lender
ANCHORBANK, FSB
25 W MAIN ST
MADISON, WI 53703
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
7/2/2003
Loan Approval Gross Amount
$139,900
Loan Approval from the SBA
Of the total $139,900 loan amount, the SBA guaranteed $118,915.
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 8 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Anchorbank, Fsb so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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
Small Business Loan
Good Banks for Small Business in Madison, Wisconsin
Wisconsin SBA Bank Lenders