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December 22, 2024  
 
 
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Advice for Financing a Franchise

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Subway Sandwich Shop Franchise

Borrowing money to buy a Subway Sandwich Shop franchise? Commun Bank - Shell Knob has a history of making these loans and they are guaranteed by the SBA.

Subway Sandwich Shop franchise loans are available to Monett, Missouri entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Commun Bank - Shell Knob, based in Shell Knob, Missouri, issued an SBA franchise loan for a Subway Sandwich Shop franchise in 2002. We've got all the details on this Missouri small business loan.

SBA Loan Borrower

SUBWAY SANDWICHES & SALADS
MONETT, MO 65708

SBA Loan Lender

COMMUN BANK - SHELL KNOB
1 BRIDGEWAY PLZ, HWY 39
SHELL KNOB, MO 65747

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program.

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

4/8/2002

Loan Approval Gross Amount

$85,000

Loan Approval from the SBA

Of the total $85,000 loan amount, the SBA guaranteed $72,250.

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 20 employees. The loan application did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

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

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Commun Bank - Shell Knob are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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

Business Line of Credit

SBA 7A Banks in Shell Knob, Missouri

Getting an SBA Loan in Missouri