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December 20, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Dublin, Business Loans > Champaign Investment Company Dublin Business Loans > Subway Loan | ||||
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How to Get SBA Loans in Columbus, Ohio
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Borrow Money to Buy a Subway Sandwich Shop FranchiseNeed money to buy a Subway Sandwich Shop franchise? Champaign Investment Company has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Columbus, Ohio needed money to invest in a Subway Sandwich Shop franchise back in 2007. Champaign Investment Company issued an SBA franchise loan. Here are the details on this Ohio small business loan. SBA Loan Borrower SUBWAY SBA Loan Lender CHAMPAIGN INVESTMENT COMPANY This commercial 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 5/4/2007 Loan Approval Gross Amount $125,000 Loan Approval from the SBA Of the total $125,000 loan amount, the SBA guaranteed $93,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Subway Sandwich Shop franchise. At the time of the loan, the company had 9 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 7 existing jobs. Next Steps for Getting an SBA Loan If you are working on finding money to start a business in Columbus OH, you ought to talk with a local Columbus SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Columbus businesses. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Champaign Investment Company 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: SBA 7A Lenders in Dublin, Ohio
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