Nampa, ID Entrepreneur Gets SBA Loan to Buy Subway Sandwich Shop Franchise
Borrowing money to buy a Subway Sandwich Shop franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA.
Subway Sandwich Shop franchise loans are available to Nampa, Idaho entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wachovia Sba Lending, Inc., based in Roseville, California, issued an SBA franchise loan for a Subway Sandwich Shop franchise in 2000. We've got all the details on this Idaho small business loan.
SBA Loan Borrower
SUBWAY
NAMPA, ID 83651
SBA Loan Lender
WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
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
7/27/2000
Loan Approval Gross Amount
$405,000
Loan Approval from the SBA
Of the total $405,000 loan amount, the SBA guaranteed $303,750.
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 SBA loan application for the borrower indicated that the loan would help generate 10 new jobs and retain 20 existing jobs.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
We can help you find the best banks for small businesses in Nampa or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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
A Company That Helps Entrepreneurs
Who Lends Money to Small Businesses in Roseville, California
California SBA Bank Lenders