Loan to Buy Schlotzsky's Sandwich Shop Franchise Issued By Gainesville Bank & Trust

Need money to buy a Schlotzsky's Sandwich Shop franchise? Gainesville Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

If you live near Gainesville, Georgia and are interested in buying a Schlotzsky's Sandwich Shop franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by Gainesville Bank & Trust. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

SCHLOTZSKY'S DELI
GAINESVILLE, GA 30501

SBA Loan Lender

GAINESVILLE BANK & TRUST
500 JESSE JEWELL PKWY SE
GAINESVILLE, GA 30501

This SBA bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

4/11/2002

Loan Approval Gross Amount

$146,400

Loan Approval from the SBA

Of the total $146,400 loan amount, the SBA guaranteed $109,800.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Schlotzsky's Sandwich Shop franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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.

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