Loan to Buy Roly Poly Rolled Sandwiches Franchise Issued By Fifth Third Bank
Need a loan to buy a Roly Poly Rolled Sandwiches franchise? Fifth Third Bank has a history of making these loans and they are guaranteed by the SBA.
Roly Poly Rolled Sandwiches franchise loans are available to Lawrence, Indiana entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Fifth Third Bank, based in Indianapolis, Indiana, issued an SBA franchise loan for a Roly Poly Rolled Sandwiches franchise in 2003. We've got all the details on this Indiana small business loan.
SBA Loan Borrower
ROLY POLY
LAWRENCE, IN 46226
SBA Loan Lender
FIFTH THIRD BANK
251 N ILLINOIS ST
INDIANAPOLIS, IN 46204
This was a Low Documentation SBA loan. The SBA created this program to minimize the paperwork associated with borrowing money. The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
7/2/2003
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $85,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Roly Poly Rolled Sandwiches franchise. At the time of the loan, the company
had 10 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
We can help you find the best banks for small businesses in Lawrence 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.
Related Links:
Roly Poly Rolled Sandwiches
How to Raise Money
Where to Get an SBA Loan in Indianapolis, Indiana
SBA Indiana Banks