Loan to Buy Cousins Submarines restaurant Franchise Issued By Natl Exch Bank & Tr

Borrowing money to purchase a Cousins Submarines restaurant franchise? Natl Exch Bank & Tr has a history of making these loans and they are guaranteed by the SBA.

Cousins Submarines restaurant franchise loans are available to Fond Du Lac, Wisconsin entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Natl Exch Bank & Tr, based in Fond Du Lac, Wisconsin, issued an SBA franchise loan for a Cousins Submarines restaurant franchise in 2007. We've got all the details on this Wisconsin small business loan.

SBA Loan Borrower

COUSIN'S SUBS
FOND DU LAC, WI 54935

SBA Loan Lender

NATL EXCH BANK & TR
130 S MAIN ST
FOND DU LAC, WI 54935

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

11/2/2007

Loan Approval Gross Amount

$255,000

Loan Approval from the SBA

Of the total $255,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Cousins Submarines restaurant franchise. At the time of the loan, the company had 15 employees. The SBA loan documents indicated that the loan would help generate 15 new jobs and retain 15 existing jobs.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Cousins Subs

Family and Friend Investors - Your First Financiers

Small Business Banks in Fond Du Lac, Wisconsin

Getting an SBA Loan in Wisconsin