National Bank - Walton Cnty Provides SBA Loan to Buy Blimpie Franchise

Need a loan to buy a Blimpie franchise? National Bank - Walton Cnty has a history of making these loans and they are guaranteed by the SBA.

Blimpie franchise loans are available to Lawrenceville, Georgia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, National Bank - Walton Cnty, based in Monroe, Georgia, issued an SBA franchise loan for a Blimpie franchise in 2002. We've got all the details on this Georgia small business loan.

SBA Loan Borrower

BLIMPIE SUGARLOAF
LAWRENCEVILLE, GA 30044

SBA Loan Lender

NATIONAL BANK - WALTON CNTY
140 E WASHINGTON ST
MONROE, GA 30655

This lender issued this particular SBA business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

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

11/14/2002

Loan Approval Gross Amount

$137,000

Loan Approval from the SBA

Of the total $137,000 loan amount, the SBA guaranteed $116,450.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Blimpie franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower did not indicate that the small business promised 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 make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like National Bank - Walton Cnty and they will explain how you can get an SBA loan for your company.

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:

Blimpie Subs & Salads

Getting a Small Business Loan

SBA Participating Banks in Monroe, Georgia

Find an SBA Lender in Georgia