Bryant, WI Entrepreneur Gets SBA Loan to Buy Schlotzsky's Sandwich Shop Franchise

Borrowing money to purchase a Schlotzsky's Sandwich Shop franchise? Investors Community Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Schlotzsky's Sandwich Shop franchise? If so, here's a 2002 SBA franchise loan that you should know about. Investors Community Bank was the lender and the entrepreneur was based in Bryant, Wisconsin.

SBA Loan Borrower

SCHLOTZKY'S DELI
BRYANT, WI 54418

SBA Loan Lender

INVESTORS COMMUNITY BANK
860 N RAPIDS RD
MANITOWOC, WI 54220

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

12/31/2002

Loan Approval Gross Amount

$821,700

Loan Approval from the SBA

Of the total $821,700 loan amount, the SBA guaranteed $616,275.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Schlotzsky's Sandwich Shop franchise. At the time of the loan, the company had 39 employees. The SBA loan documents indicated that the loan would help generate 31 new jobs and retain 39 existing jobs.

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

Every year, the SBA guarantees over $10 billion for loans just like this one.

We can help you find the best banks for small businesses in Bryant or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Schlotzsky's Deli

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Find an SBA Lender in Manitowoc, Wisconsin

Getting an SBA Loan in Wisconsin