Eugene, OR Entrepreneur Gets SBA Loan to Buy Subway Sandwich Shop Franchise
Need a loan to purchase a Subway Sandwich Shop franchise? Pacific Continental Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Subway Sandwich Shop franchise? If so, here's a 2001 SBA franchise loan that you should know about. Pacific Continental Bank was the lender and the entrepreneur was based in Eugene, Oregon.
SBA Loan Borrower
BRY-KER FOODS LLC
EUGENE, OR 97401
SBA Loan Lender
PACIFIC CONTINENTAL BANK
111 W 7TH AVE
EUGENE, OR 97401
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
4/4/2001
Loan Approval Gross Amount
$230,500
Loan Approval from the SBA
Of the total $230,500 loan amount, the SBA guaranteed $172,875.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Subway Sandwich Shop franchise. At the time of the loan, the company
had 10 employees. The SBA loan documents indicated that the loan would help retain 8 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.
While you may be able to borrow money from friends and family, 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:
Subway
Financing Your Business
Best Eugene, Oregon Banks for Small Business
Getting an SBA Loan in Oregon