Loan to Buy Schlotzsky's Sandwich Shop Franchise Issued By Comerica Bank

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

An entrepreneur in Conyers, Georgia needed money to invest in a Schlotzsky's Sandwich Shop franchise back in 2000. Comerica Bank issued an SBA franchise loan. Here are the details on this Georgia small business loan.

SBA Loan Borrower

SCHLOTZSKY'S CONYERS
CONYERS, GA 30013

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

This lender provides SBA bank 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

722110 - Full-Service Restaurants

Loan Approval Date

12/28/2000

Loan Approval Gross Amount

$735,000

Loan Approval from the SBA

Of the total $735,000 loan amount, the SBA guaranteed $551,250.

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 only one employee. This SBA loan request indicated that the funding would help generate 8 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you have been wondering how do i get money to start a business in Conyers GA, you ought to talk with a local Conyers SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Conyers businesses.

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

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