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December 30, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Jimmy John's Loan | ||||
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Cit Small Business Lending Corp Franchise Business Loans
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Borrow Money to Buy a Jimmy John's FranchiseNeed money to buy a Jimmy John's franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Crown Point, Indiana needed money to invest in a Jimmy John's franchise back in 2006. Cit Small Business Lending Corp issued an SBA franchise loan. Here are the details on this Indiana small business loan. SBA Loan Borrower JIMMY JOHN'S SBA Loan Lender CIT SMALL BUSINESS LENDING CORP 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 2/22/2006 Loan Approval Gross Amount $305,500 Loan Approval from the SBA Of the total $305,500 loan amount, the SBA guaranteed $229,125. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Jimmy John's franchise. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower indicated that the funding would help create 6 new jobs. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. We've showcased information on this loan to let you know that businesses like yours 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: Jimmy John's Gourmet Sandwiches Best Banks for Small Business in Livingston, New Jersey
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