Loan to Buy Subway Sandwich Shop Franchise Issued By Independence Invest Associates

Need money to purchase a Subway Sandwich Shop franchise? Independence Invest Associates has a history of making these loans and they are guaranteed by the SBA.

Subway Sandwich Shop franchise loans are available to Canton, Massachusetts entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Independence Invest Associates, based in Boston, Massachusetts, issued an SBA franchise loan for a Subway Sandwich Shop franchise in 2003. We've got all the details on this Massachusetts small business loan.

SBA Loan Borrower

SUBWAY
CANTON, MA 02021

SBA Loan Lender

INDEPENDENCE INVEST ASSOCIATES
53 STATE ST
BOSTON, MA 02109

This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

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

12/9/2003

Loan Approval Gross Amount

$138,000

Loan Approval from the SBA

Of the total $138,000 loan amount, the SBA guaranteed $117,300.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Subway Sandwich Shop franchise. At the time of the loan, the company had 7 employees. This SBA loan request did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

We can help you find the best banks for small businesses in Canton 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:

Subway

Getting a Small Business Loan

SBA Banks in Boston, Massachusetts

Massachusetts SBA 7A Lenders