Borrow Money to Buy a Subs & Pastas Franchise

Need a loan to purchase a Subs & Pastas franchise? Bank Northwest has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Bethany, Missouri needed money to invest in a Subs & Pastas franchise back in 2002. Bank Northwest issued an SBA franchise loan. Here are the details on this Missouri small business loan.

SBA Loan Borrower

SUBWAY
BETHANY, MO 64424

SBA Loan Lender

BANK NORTHWEST
3200 MILLER ST
BETHANY, MO 64424

This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

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

3/28/2002

Loan Approval Gross Amount

$205,000

Loan Approval from the SBA

Of the total $205,000 loan amount, the SBA guaranteed $153,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Subs & Pastas franchise. At the time of the loan, the company had 29 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

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

If you are raising money in Bethany MO, you ought to talk with a local Bethany SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Bethany businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Bank Northwest had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Bank Northwest made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Family and Friend Investors - Your First Financiers

SBA 7A Lenders in Bethany, Missouri

Getting an SBA Loan in Missouri