Loan Census Banking News and Information
December 20, 2024  
 
 
  Business Loan Information  
 

Small Business Banks for Delavan Small Business Owners

 

 
Loan Census SBA Loan Info

Loan to Buy Cousins Submarines restaurant Franchise Issued By Wells Fargo Bank

Need a loan to buy a Cousins Submarines restaurant franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

Cousins Submarines restaurant franchise loans are available to Delavan, Wisconsin entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wells Fargo Bank, based in Minneapolis, Minnesota, issued an SBA franchise loan for a Cousins Submarines restaurant franchise in 2000. We've got all the details on this Wisconsin small business loan.

SBA Loan Borrower

COUSINS SUBS
DELAVAN, WI 53115

SBA Loan Lender

WELLS FARGO BANK
2329 CENTRAL AVE NE
MINNEAPOLIS, MN 55418

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.

SIC Code

5812 - Eating Places

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

3/23/2000

Loan Approval Gross Amount

$125,600

Loan Approval from the SBA

Of the total $125,600 loan amount, the SBA guaranteed $94,200.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Cousins Submarines restaurant franchise. At the time of the loan, the company had 9 employees. The SBA loan application for the borrower indicated that the loan would help retain 9 existing jobs.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Cousins Subs

Dealing With Venture Capitalists

Best Banks in Minneapolis, Minnesota

SBA Minnesota Banks