Borrow Money to Buy a Subway Sandwich Shop Franchise
Need a loan to purchase a Subway Sandwich Shop franchise? Temecula Valley Bank has a history of making these loans and they are guaranteed by the SBA.
Subway Sandwich Shop franchise loans are available to San Diego, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Temecula Valley Bank, based in Temecula, California, issued an SBA franchise loan for a Subway Sandwich Shop franchise in 2007. We've got all the details on this California small business loan.
SBA Loan Borrower
DRUCKER SUBWAY SPECTRUM INC A
SAN DIEGO, CA 92123
SBA Loan Lender
TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590
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.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
10/12/2007
Loan Approval Gross Amount
$242,700
Loan Approval from the SBA
Of the total $242,700 loan amount, the SBA guaranteed $182,025.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Subway Sandwich Shop franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help generate 9 new jobs and retain 1 existing job.
Getting an SBA Loan For Your Business
If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great funding source
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Temecula Valley Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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
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Banks in Temecula, California
Getting an SBA Loan in California