Pennsylvania Entrepreneur Secures Financing to Buy Subway Sandwich Shop Franchise

Need a loan to purchase a Subway Sandwich Shop franchise? Susquehanna Bank Pa has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Chambersburg, Pennsylvania needed money to invest in a Subway Sandwich Shop franchise back in 2003. Susquehanna Bank Pa issued an SBA franchise loan. Here are the details on this Pennsylvania small business loan.

SBA Loan Borrower

SUBWAY
CHAMBERSBURG, PA 17201

SBA Loan Lender

SUSQUEHANNA BANK PA
9 E MAIN ST
LITITZ, PA 17543

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

10/2/2003

Loan Approval Gross Amount

$192,500

Loan Approval from the SBA

Of the total $192,500 loan amount, the SBA guaranteed $144,375.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Subway Sandwich Shop franchise. At the time of the loan, the company had 65 employees. The loan application indicated that the loan would help retain 18 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This SBA loan was for $192,500. How would you spend $192,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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