Seacoast Commerce Bank Provides SBA Loan to Buy Submarina Sandwiches Franchise
Need a loan to buy a Submarina Sandwiches franchise? Seacoast Commerce Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Submarina Sandwiches franchise? If so, here's a 2006 SBA franchise loan that you should know about. Seacoast Commerce Bank was the lender and the entrepreneur was based in Fallbrook, California.
SBA Loan Borrower
SUBMARINA OF MENIFEE
FALLBROOK, CA 92028
SBA Loan Lender
SEACOAST COMMERCE BANK
678 3RD AVE, STE 101
CHULA VISTA, CA 91910
This lender provides SBA debt financing 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.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
3/24/2006
Loan Approval Gross Amount
$211,000
Loan Approval from the SBA
Of the total $211,000 loan amount, the SBA guaranteed $158,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Submarina Sandwiches franchise. At the time of the loan, the company
had 6 employees. The SBA loan application for the borrower indicated that the loan would help generate 6 new jobs.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Submarina Sandwiches
Raising VC Money for Social Networking Companies
Best Chula Vista, California Banks for Small Business
California SBA Bank Lenders