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November 15, 2024 |
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| Home > Small Business Lenders by State > Idaho Business Loan Sources > Pocatello, Business Loans > Citizens Community Bank Pocatello Business Loans > Subway Sandwich Shop Loan | ||||
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Best Banks for Pocatello Franchise Buyers
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Borrow Money to Buy a Subway Sandwich Shop FranchiseNeed money to buy a Subway Sandwich Shop franchise? Citizens Community Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Pocatello, Idaho needed money to invest in a Subway Sandwich Shop franchise back in 2005. Citizens Community Bank issued an SBA franchise loan. Here are the details on this Idaho small business loan. SBA Loan Borrower SUBWAY SANDWICH SHOP SBA Loan Lender CITIZENS COMMUNITY BANK This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 3/16/2005 Loan Approval Gross Amount $130,000 Loan Approval from the SBA Of the total $130,000 loan amount, the SBA guaranteed $110,500. 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 8 employees. The loan application did not indicate that the small business promised to use the money to add employees or retain any existing employees. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Small Bank Loans in Pocatello, Idaho
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