Massachusetts Entrepreneur Secures Financing to Buy D'Angelo Sandwich Shop Franchise

Need a loan to purchase a D'Angelo Sandwich Shop franchise? Strata Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a D'Angelo Sandwich Shop franchise? If so, here's a 2004 SBA franchise loan that you should know about. Strata Bank was the lender and the entrepreneur was based in Foxboro, Massachusetts.

SBA Loan Borrower

KEEGAN,INC. DBA D'ANGELOS
FOXBORO, MA 02035

SBA Loan Lender

STRATA BANK
81 MAIN ST
MEDWAY, MA 02053

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

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

12/28/2004

Loan Approval Gross Amount

$315,000

Loan Approval from the SBA

Of the total $315,000 loan amount, the SBA guaranteed $236,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a D'Angelo Sandwich Shop franchise. At the time of the loan, the company had 4 employees. This SBA loan request did not indicate that the company promised to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? 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:

D'Angelo Sandwich Shops

Advice on Getting a Small Business Loan

SBA 7A Banks for Medway, Massachusetts Loans

SBA Massachusetts Banks