Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

Chesterfield, Missouri Bank Loan

 

 
Loan Census SBA Loan Info

Loan to Buy Roly Poly Rolled Sandwiches Franchise Issued By Comerica Bank-Texas

Borrowing money to buy a Roly Poly Rolled Sandwiches franchise? Comerica Bank-Texas has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Roly Poly Rolled Sandwiches franchise? If so, here's a 2003 SBA franchise loan that you should know about. Comerica Bank-Texas was the lender and the entrepreneur was based in Chesterfield, Missouri.

SBA Loan Borrower

ROLY POLY SANDWICHES
CHESTERFIELD, MO 63005

SBA Loan Lender

COMERICA BANK-TEXAS
1508 W MOCKINGBIRD LN
DALLAS, TX 75235

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

5/15/2003

Loan Approval Gross Amount

$258,000

Loan Approval from the SBA

Of the total $258,000 loan amount, the SBA guaranteed $193,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Roly Poly Rolled Sandwiches franchise. At the time of the loan, the company had 11 employees. The SBA loan documents did not indicate that the business promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Roly Poly Rolled Sandwiches

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SBA 7A Banks for Dallas, Texas Loans

Getting an SBA Loan in Texas