Fair Grove, MO Entrepreneur Gets SBA Loan to Buy Subway Sandwich Shop Franchise

Need a loan to invest in a Subway Sandwich Shop franchise? Old Missouri National Bank has a history of making these loans and they are guaranteed by the SBA.

Subway Sandwich Shop franchise loans are available to Fair Grove, Missouri entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Old Missouri National Bank, based in Springfield, Missouri, issued an SBA franchise loan for a Subway Sandwich Shop franchise in 2003. We've got all the details on this Missouri small business loan.

SBA Loan Borrower

FAIR GROVE SUBWAY
FAIR GROVE, MO 65648

SBA Loan Lender

OLD MISSOURI NATIONAL BANK
3570 S NATIONAL
SPRINGFIELD, MO 65807

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program.

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

10/28/2003

Loan Approval Gross Amount

$146,500

Loan Approval from the SBA

Of the total $146,500 loan amount, the SBA guaranteed $124,525.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Subway Sandwich Shop franchise. At the time of the loan, the company had 9 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My 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 Fair Grove 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

Obtaining Funding - Friends and Family

Banks in Springfield, Missouri

Getting an SBA Loan in Missouri