Centerville, OH Entrepreneur Gets SBA Loan to Buy Schlotzsky's Sandwich Shop Franchise

Need money to invest in a Schlotzsky's Sandwich Shop franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Schlotzsky's Sandwich Shop franchise requires some effort but others before you have been successful. In 2004, Jpmorgan Chase Bank issued an SBA franchise loan to an entrepreneur in Centerville, Ohio. Because Schlotzsky's Sandwich Shop was registered with the SBA's registry of franchises, this Ohio small business loan was issued on an expedited basis.

SBA Loan Borrower

SCHLOTZSKY'S DELI
CENTERVILLE, OH 45459

SBA Loan Lender

JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002

This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

1/21/2004

Loan Approval Gross Amount

$388,400

Loan Approval from the SBA

Of the total $388,400 loan amount, the SBA guaranteed $291,300.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Schlotzsky's Sandwich Shop franchise. At the time of the loan, the company had 20 employees. The SBA loan documents indicated that the loan would help retain 20 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Jpmorgan Chase 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:

Schlotzsky's Deli

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Getting an SBA Loan in Texas