Borrow Money to Buy a Blimpie Franchise

Need a loan to purchase a Blimpie franchise? First Interstate Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Blimpie franchise shouldn't be too tough. In 2000, First Interstate Bank issued an SBA franchise loan to an entrepreneur in Casper, Wyoming. Because Blimpie was registered with the SBA's registry of franchises, this Wyoming small business loan was issued on an expedited basis.

SBA Loan Borrower

BLIMPIES-PASTA CENTRAL
CASPER, WY 82601

SBA Loan Lender

FIRST INTERSTATE BANK
104 S WOLCOTT ST
CASPER, WY 82601

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

Loan Approval Date

4/14/2000

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $80,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Blimpie franchise. At the time of the loan, the company had 20 employees. The SBA loan documents did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First Interstate Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Blimpie Subs & Salads

Obtaining Funding - How to Borrow Money

SBA 7A Banks for Casper, Wyoming Loans

Wyoming SBA 7A Banks