Loan to Buy Submarina Sandwiches Franchise Issued By Pacific Western Bank

Borrowing money to buy a Submarina Sandwiches franchise? Pacific Western Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near San Diego, California and are interested in buying a Submarina Sandwiches franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by Pacific Western Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

SUBMARINA # 24
SAN DIEGO, CA 92054

SBA Loan Lender

PACIFIC WESTERN BANK
9955 MISSION GORGE RD
SANTEE, CA 92071

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

2/23/2004

Loan Approval Gross Amount

$184,800

Loan Approval from the SBA

Of the total $184,800 loan amount, the SBA guaranteed $138,600.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Submarina Sandwiches franchise. At the time of the loan, the company had 8 employees. The SBA loan documents indicated that the loan would help retain 7 existing jobs.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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.

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