Borrow Money to Buy a Subway Sandwich Shop Franchise

Need money to invest in a Subway Sandwich Shop franchise? Farmers St. Bank - Alto Pass 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 2008 SBA franchise loan that you should know about. Farmers St. Bank - Alto Pass was the lender and the entrepreneur was based in Evansville, Indiana.

SBA Loan Borrower

SUBWAY
EVANSVILLE, IN 47711

SBA Loan Lender

FARMERS ST. BANK - ALTO PASS
55 N ELM ST
ALTO PASS, IL 62905

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

1/4/2008

Loan Approval Gross Amount

$140,000

Loan Approval from the SBA

Of the total $140,000 loan amount, the SBA guaranteed $119,000.

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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

We can help you find the best banks for small businesses in Evansville 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.

Related Links:

Subway

Business Credit Evaluation

Where to Get an SBA Loan in Alto Pass, Illinois

SBA Illinois Banks