Loan to Buy Jimmy John's Franchise Issued By Centier Bank

Need a loan to invest in a Jimmy John's franchise? Centier Bank has a history of making these loans and they are guaranteed by the SBA.

Jimmy John's franchise loans are available to Portage, Indiana entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Centier Bank, based in Portage, Indiana, issued an SBA franchise loan for a Jimmy John's franchise in 2007. We've got all the details on this Indiana small business loan.

SBA Loan Borrower

JIMMY JOHN'S RESTAURANT
PORTAGE, IN 46368

SBA Loan Lender

CENTIER BANK
3220 WILLOWCREEK RD
PORTAGE, IN 46368

This lender issued this bank loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

4/9/2007

Loan Approval Gross Amount

$280,000

Loan Approval from the SBA

Of the total $280,000 loan amount, the SBA guaranteed $210,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Jimmy John's franchise. At the time of the loan, the company had 15 employees. The loan application indicated that the loan would help generate 13 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need money to start business in Portage IN, you ought to talk with a local Portage SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Portage businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $280,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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.

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