Loan to Buy Firehouse Subs Franchise Issued By Jpmorgan Chase Bank

Borrowing money to buy a Firehouse Subs franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Firehouse Subs franchise may simply require a phone call to a local SBA banker. In 2006, Jpmorgan Chase Bank issued an SBA franchise loan to an entrepreneur in Carrollton, Texas. Because Firehouse Subs was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.

SBA Loan Borrower

FIREHOUSE SUBS
CARROLLTON, TX 75006

SBA Loan Lender

JPMORGAN CHASE BANK
1820 E SKY HARBOR CIRCLE SOUT
PHOENIX, AZ 85034

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

6/7/2006

Loan Approval Gross Amount

$227,100

Loan Approval from the SBA

Of the total $227,100 loan amount, the SBA guaranteed $170,325.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Firehouse Subs franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 1 new job and retain 1 existing job.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Jpmorgan Chase Bank and they will explain how you can get an SBA loan for your company.

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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