Loan to Buy Jersey Mike's deli Restaurant Franchise Issued By Unity Bank
Need money to buy a Jersey Mike's deli Restaurant franchise? Unity Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Bluffton, South Carolina needed money to invest in a Jersey Mike's deli Restaurant franchise back in 2005. Unity Bank issued an SBA franchise loan. Here are the details on this South Carolina small business loan.
SBA Loan Borrower
JERSEY MIKE'S
BLUFFTON, SC 29910
SBA Loan Lender
UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA bank loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
8/24/2005
Loan Approval Gross Amount
$192,000
Loan Approval from the SBA
Of the total $192,000 loan amount, the SBA guaranteed $144,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Jersey Mike's deli Restaurant franchise. At the time of the loan, the company
had only one employee. This SBA loan request did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.
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SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
Jersey Mike's Submarines & Salads
Advice on Getting a Small Business Loan
Find an SBA Lender in Clinton, New Jersey
New Jersey SBA 7A Lenders