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November 15, 2024  
 
 
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Pasco, WA Entrepreneur Gets SBA Loan to Buy Bruchis Cheese Steak & Subs Franchise

Need money to invest in a Bruchis Cheese Steak & Subs franchise? Americanwest Bank has a history of making these loans and they are guaranteed by the SBA.

Bruchis Cheese Steak & Subs franchise loans are available to Pasco, Washington entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Americanwest Bank, based in Pasco, Washington, issued an SBA franchise loan for a Bruchis Cheese Steak & Subs franchise in 2005. We've got all the details on this Washington small business loan.

SBA Loan Borrower

BRUCHI'S
PASCO, WA 99301

SBA Loan Lender

AMERICANWEST BANK
3945 W COURT ST
PASCO, WA 99301

This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

6/28/2005

Loan Approval Gross Amount

$67,000

Loan Approval from the SBA

Of the total $67,000 loan amount, the SBA guaranteed $56,950.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Bruchis Cheese Steak & Subs franchise. At the time of the loan, the company had 7 employees. The SBA loan documents indicated that the loan would help generate 7 new jobs and retain 14 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Accountant's Role in Securing Financing

Best Pasco, Washington Banks for Small Business

Getting an SBA Loan in Washington