Loan to Buy Subway Sandwich Shop Franchise Issued By Amer National Bank - Texas
Need a loan to purchase a Subway Sandwich Shop franchise? Amer National Bank - Texas has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Subway Sandwich Shop franchise may simply require a phone call to a local SBA banker. In 2005, Amer National Bank - Texas issued an SBA franchise loan to an entrepreneur in Graham, Texas. Because Subway Sandwich Shop was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.
SBA Loan Borrower
SUBWAY #37527 IN WAL-MART #353
GRAHAM, TX 76450
SBA Loan Lender
AMER NATIONAL BANK - TEXAS
2720 W 7TH ST
FORT WORTH, TX 76102
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
7/20/2005
Loan Approval Gross Amount
$140,000
Loan Approval from the SBA
Of the total $140,000 loan amount, the SBA guaranteed $119,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Subway Sandwich Shop franchise. At the time of the loan, the company
had 32 employees. The SBA loan documents indicated that the loan would help generate 8 new jobs and retain 32 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
This SBA loan was for $140,000. How would you spend $140,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Subway
Advice on Getting a Small Business Loan
Where to Get an SBA Loan in Fort Worth, Texas
Texas SBA 7A Banks