Arizona Entrepreneur Secures Financing to Buy Subway Sandwich Shop Franchise

Borrowing money to buy a Subway Sandwich Shop franchise? National Bank Of Arizona has a history of making these loans and they are guaranteed by the SBA.

Subway Sandwich Shop franchise loans are available to Gilbert, Arizona entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, National Bank Of Arizona, based in Phoenix, Arizona, issued an SBA franchise loan for a Subway Sandwich Shop franchise in 2001. We've got all the details on this Arizona small business loan.

SBA Loan Borrower

FLOYD'S SUBWAY INC
GILBERT, AZ 85234

SBA Loan Lender

NATIONAL BANK OF ARIZONA
6001 N 24TH ST
PHOENIX, AZ 85016

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

6/15/2001

Loan Approval Gross Amount

$172,000

Loan Approval from the SBA

Of the total $172,000 loan amount, the SBA guaranteed $129,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Subway Sandwich Shop franchise. At the time of the loan, the company had 33 employees. The loan application indicated that the loan would help generate 10 new jobs and retain 33 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you have been wondering how do i get money to start a business in Gilbert AZ, you ought to talk with a local Gilbert SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Gilbert businesses.

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:

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