United Community Bank Provides SBA Loan to Buy Roly Poly Rolled Sandwiches Franchise

Borrowing money to buy a Roly Poly Rolled Sandwiches franchise? United Community Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Mesquite, Texas and are interested in buying a Roly Poly Rolled Sandwiches franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by United Community Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

ROLY POLY ROLLED SANDWICHES
MESQUITE, TX 75150

SBA Loan Lender

UNITED COMMUNITY BANK
2100 FM 407
HIGHLAND VILLAGE, TX 75077

This lender issued this particular SBA bank 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.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

2/3/2004

Loan Approval Gross Amount

$78,700

Loan Approval from the SBA

Of the total $78,700 loan amount, the SBA guaranteed $66,895.

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 8 employees. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

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:

Roly Poly Rolled Sandwiches

Business Line of Credit

Best Banks in Highland Village, Texas

Texas SBA Bank Lenders