Loan to Buy Firehouse Subs Franchise Issued By Citizens Bank & Tr - W. Georgia

Borrowing money to buy a Firehouse Subs franchise? Citizens Bank & Tr - W. Georgia has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Firehouse Subs franchise? If so, here's a 2005 SBA franchise loan that you should know about. Citizens Bank & Tr - W. Georgia was the lender and the entrepreneur was based in Buchanan, Georgia.

SBA Loan Borrower

FIREHOUSE SUBS
BUCHANAN, GA 30113

SBA Loan Lender

CITIZENS BANK & TR - W. GEORGIA
115 COLLEGE ST
CARROLLTON, GA 30117

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

5/3/2005

Loan Approval Gross Amount

$189,900

Loan Approval from the SBA

Of the total $189,900 loan amount, the SBA guaranteed $142,425.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Firehouse Subs franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 25 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.

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