Borrow Money to Buy a Subway Sandwich Shop Franchise
Need a loan to invest in a Subway Sandwich Shop franchise? Community Bank & Trust has a history of making these loans and they are guaranteed by the SBA.
Subway Sandwich Shop franchise loans are available to Mequon, Wisconsin entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Community Bank & Trust, based in Sheboygan, Wisconsin, issued an SBA franchise loan for a Subway Sandwich Shop franchise in 2004. We've got all the details on this Wisconsin small business loan.
SBA Loan Borrower
SUB-ERIOR FOODS INC
MEQUON, WI 53092
SBA Loan Lender
COMMUNITY BANK & TRUST
604 N EIGHTH ST
SHEBOYGAN, WI 53081
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
722110 - Full-Service Restaurants
Loan Approval Date
4/19/2004
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 an existing business. This loan was used to buy a Subway Sandwich Shop franchise. At the time of the loan, the company
had 10 employees. The SBA loan application for the borrower indicated that the loan would help retain 10 existing jobs.
Start the Process for Getting an SBA Loan Today!
Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
Subway
How to Raise Money
Who Lends Money to Small Businesses in Sheboygan, Wisconsin
SBA Participating Banks in Wisconsin