Mountlake Terrace, WA Entrepreneur Gets SBA Loan to Buy Subway Sandwich Shop Franchise
Need a loan to invest in a Subway Sandwich Shop franchise? Key Direct, A Branch Of has a history of making these loans and they are guaranteed by the SBA.
Subway Sandwich Shop franchise loans are available to Mountlake Terrace, Washington entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Key Direct, A Branch Of, based in Brooklyn, Ohio, issued an SBA franchise loan for a Subway Sandwich Shop franchise in 2002. We've got all the details on this Washington small business loan.
SBA Loan Borrower
SUBWAY #25142
MOUNTLAKE TERRACE, WA 98043
SBA Loan Lender
KEY DIRECT, A BRANCH OF
4910 TIEDEMAN RD, OH-01-51-06
BROOKLYN, OH 44144
This SBA small business loan was issued by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA delivers a fast loan decision.
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
8/6/2002
Loan Approval Gross Amount
$132,500
Loan Approval from the SBA
Of the total $132,500 loan amount, the SBA guaranteed $99,375.
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 3 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.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Key Direct, A Branch Of had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Key Direct, A Branch Of made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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
The Friends and Family Network
Best Brooklyn, Ohio Banks for Small Business
Ohio SBA 7A Lenders