Loan to Buy Subs & Pastas Franchise Issued By Sunflower Bank

Need a loan to buy a Subs & Pastas franchise? Sunflower Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Subs & Pastas franchise? If so, here's a 2003 SBA franchise loan that you should know about. Sunflower Bank was the lender and the entrepreneur was based in Lawrence, Kansas.

SBA Loan Borrower

SUBWAY
LAWRENCE, KS 66046

SBA Loan Lender

SUNFLOWER BANK
2090 S OHIO ST
SALINA, KS 67401

This lender issued this commercial loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

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

2/19/2003

Loan Approval Gross Amount

$395,000

Loan Approval from the SBA

Of the total $395,000 loan amount, the SBA guaranteed $296,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Subs & Pastas franchise. At the time of the loan, the company had 50 employees. The loan application did not indicate that the company planned to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Equity Financing

Banks in Salina, Kansas

Kansas SBA 7A Lenders