Texas Entrepreneur Secures Financing to Buy Subway Sandwich Shop Franchise

Need a loan to buy a Subway Sandwich Shop franchise? Amer National Bank - Texas has a history of making these loans and they are guaranteed by the SBA.

Subway Sandwich Shop franchise loans are available to Corinth, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Amer National Bank - Texas, based in Fort Worth, Texas, issued an SBA franchise loan for a Subway Sandwich Shop franchise in 2006. We've got all the details on this Texas small business loan.

SBA Loan Borrower

TEDLYN INC
CORINTH, TX 76210

SBA Loan Lender

AMER NATIONAL BANK - TEXAS
2720 W 7TH ST
FORT WORTH, TX 76102

This lender provides SBA 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

1/5/2006

Loan Approval Gross Amount

$275,000

Loan Approval from the SBA

Of the total $275,000 loan amount, the SBA guaranteed $206,250.

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 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 13 new jobs and retain 2 existing jobs.

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

SBA loans provide money to small business owners for working capital for other expenses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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SBA 7A Lenders in Fort Worth, Texas

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