Wisconsin Entrepreneur Secures Financing to Buy Cousins Submarines restaurant Franchise
Need money to buy a Cousins Submarines restaurant franchise? U.S. Bank National Association has a history of making these loans and they are guaranteed by the SBA.
Cousins Submarines restaurant franchise loans are available to Milwaukee, Wisconsin entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, U.S. Bank National Association, based in San Diego, California, issued an SBA franchise loan for a Cousins Submarines restaurant franchise in 2005. We've got all the details on this Wisconsin small business loan.
SBA Loan Borrower
COUSINS SUBS
MILWAUKEE, WI 53223
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
9918 HIBERT ST, STE 100
SAN DIEGO, CA 92131
This bank loan was provided by financing institution with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
3/4/2005
Loan Approval Gross Amount
$262,500
Loan Approval from the SBA
Of the total $262,500 loan amount, the SBA guaranteed $196,875.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Cousins Submarines restaurant franchise. At the time of the loan, the company
had 18 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from U.S. Bank National Association 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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