Loan to Buy Firehouse Subs Franchise Issued By First Florida Bank

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

Firehouse Subs franchise loans are available to Casselberry, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Florida Bank, based in Naples, Florida, issued an SBA franchise loan for a Firehouse Subs franchise in 2005. We've got all the details on this Florida small business loan.

SBA Loan Borrower

FIREHOUSE SUBS WINTER SPRINGS3
CASSELBERRY, FL 32707

SBA Loan Lender

FIRST FLORIDA BANK
8850 TAMIAMI TRL NORTH
NAPLES, FL 34108

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

1/31/2005

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 20 employees. The SBA loan documents did not indicate that the small business promised to use the money to hire new employees 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.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into First Florida Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Firehouse Subs

Borrowing Money from Friends and Family

SBA Banks in Naples, Florida

Florida SBA 7A Lenders