Borrow Money to Buy a Schlotzsky's Sandwich Shop Franchise

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

Schlotzsky's Sandwich Shop franchise loans are available to Englewood, Colorado entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Comerica Bank, based in Austin, Texas, issued an SBA franchise loan for a Schlotzsky's Sandwich Shop franchise in 2000. We've got all the details on this Colorado small business loan.

SBA Loan Borrower

SCHLOTZKY'S DELI, LONE TREE
ENGLEWOOD, CO 80112

SBA Loan Lender

COMERICA BANK
300 W 6TH ST, STE 1300
AUSTIN, TX 78701

This lender issued this commercial loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

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

7/19/2000

Loan Approval Gross Amount

$1,559,400

Loan Approval from the SBA

Of the total $1,559,400 loan amount, the SBA guaranteed $711,086.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Schlotzsky's Sandwich Shop franchise. At the time of the loan, the company had 50 employees. The loan application did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Comerica Bank and they will explain how you can get an SBA loan for your company.

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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