North Carolina Entrepreneur Secures Financing to Buy Jersey Mike's deli Restaurant Franchise

Need money to invest in a Jersey Mike's deli Restaurant franchise? Suntrust Bank has a history of making these loans and they are guaranteed by the SBA.

Jersey Mike's deli Restaurant franchise loans are available to Charlotte, North Carolina entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Suntrust Bank, based in Richmond, Virginia, issued an SBA franchise loan for a Jersey Mike's deli Restaurant franchise in 2007. We've got all the details on this North Carolina small business loan.

SBA Loan Borrower

DNEPR RESTAURANTS, INC
Charlotte, NC 28227

SBA Loan Lender

SUNTRUST BANK
1001 SEMMES AVE, RVW 4323
RICHMOND, VA 23224

This small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

8/8/2007

Loan Approval Gross Amount

$167,400

Loan Approval from the SBA

Of the total $167,400 loan amount, the SBA guaranteed $83,700.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Jersey Mike's deli Restaurant franchise. At the time of the loan, the company had 9 employees. The SBA loan documents indicated that the loan would help retain 9 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

We can help you find the best banks for small businesses in Charlotte or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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