Fort Collins, CO Entrepreneur Gets SBA Loan to Buy Silver Mine Subs Franchise

Need a loan to invest in a Silver Mine Subs franchise? Keybank National Association has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Silver Mine Subs franchise? If so, here's a 2003 SBA franchise loan that you should know about. Keybank National Association was the lender and the entrepreneur was based in Fort Collins, Colorado.

SBA Loan Borrower

SILVER MINE SUBS INC
FORT COLLINS, CO 80525

SBA Loan Lender

KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114

This lender provides SBA commercial loans 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

4/10/2003

Loan Approval Gross Amount

$500,000

Loan Approval from the SBA

Of the total $500,000 loan amount, the SBA guaranteed $375,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Silver Mine Subs franchise. At the time of the loan, the company had 130 employees. The SBA loan documents indicated that the loan would help generate 90 new jobs and retain 130 existing jobs.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

We can help you find the best banks for small businesses in Fort Collins 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:

Silver Mine Subs

Accountant's Role in Securing Financing

SBA 7A Lenders in Cleveland, Ohio

Where to Get an SBA Loan Ohio