Loan to Buy Submarina Sandwiches Franchise Issued By Neighborhood National Bank
Need money to buy a Submarina Sandwiches franchise? Neighborhood National Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Submarina Sandwiches franchise? If so, here's a 2000 SBA franchise loan that you should know about. Neighborhood National Bank was the lender and the entrepreneur was based in La Jolla, California.
SBA Loan Borrower
SUBMARINA, UTC
LA JOLLA, CA 92037
SBA Loan Lender
NEIGHBORHOOD NATIONAL BANK
3511 NATIONAL AVE
SAN DIEGO, CA 92113
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA small business loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
Loan Approval Date
4/11/2000
Loan Approval Gross Amount
$190,000
Loan Approval from the SBA
Of the total $190,000 loan amount, the SBA guaranteed $142,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Submarina Sandwiches franchise. At the time of the loan, the company
had 16 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
We can help you find the best banks for small businesses in La Jolla 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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