Miamisburg, OH Entrepreneur Gets SBA Loan to Buy Roly Poly Rolled Sandwiches Franchise
Borrowing money to invest in a Roly Poly Rolled Sandwiches franchise? Fifth Third Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Miamisburg, Ohio needed money to invest in a Roly Poly Rolled Sandwiches franchise back in 2002. Fifth Third Bank issued an SBA franchise loan. Here are the details on this Ohio small business loan.
SBA Loan Borrower
GUEHL INVESTMENTS INC
MIAMISBURG, OH 45342
SBA Loan Lender
FIFTH THIRD BANK
110 N MAIN ST
DAYTON, OH 45402
This lender issued this particular SBA 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
11/29/2002
Loan Approval Gross Amount
$85,300
Loan Approval from the SBA
Of the total $85,300 loan amount, the SBA guaranteed $72,505.
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 9 employees. The SBA loan application for the borrower did not indicate that the company 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?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Fifth Third Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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.
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