Loan to Buy Subway Sandwich Shop Franchise Issued By United Central Bank

Borrowing money to invest in a Subway Sandwich Shop franchise? United Central Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Irving, Texas needed money to invest in a Subway Sandwich Shop franchise back in 2004. United Central Bank issued an SBA franchise loan. Here are the details on this Texas small business loan.

SBA Loan Borrower

SUBWAY #6166
IRVING, TX 75061

SBA Loan Lender

UNITED CENTRAL BANK
4555 W WALNUT ST
GARLAND, TX 75042

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

9/28/2004

Loan Approval Gross Amount

$126,100

Loan Approval from the SBA

Of the total $126,100 loan amount, the SBA guaranteed $107,185.

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 7 employees. The SBA loan documents indicated that the loan would help retain 7 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a company in Irving TX, you ought to talk with a local Irving SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Irving businesses.

We can help you find the best banks for small businesses in Irving 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.

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