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November 22, 2024 |
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| Home > Small Business Lenders by State > West Virginia Business Loan Sources > Charleston, Business Loans > Fifth Third Bank Charleston Business Loans > The Best Subs LLC Loan | ||||
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Business Loans for Scott Depot Small Businesses
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West Virginia Entrepreneur Secures Financing to Buy Penn Station FranchiseNeed a loan to purchase a Penn Station franchise? Fifth Third Bank has a history of making these loans and they are guaranteed by the SBA. If you live near Scott Depot, West Virginia and are interested in buying a Penn Station franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by Fifth Third Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower THE BEST SUBS LLC SBA Loan Lender FIFTH THIRD BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 1/11/2005 Loan Approval Gross Amount $420,000 Loan Approval from the SBA Of the total $420,000 loan amount, the SBA guaranteed $315,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Penn Station franchise. At the time of the loan, the company had 23 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you are working on finding money to start a business in Scott Depot WV, you ought to talk with a local Scott Depot SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Scott Depot businesses. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $420,000 loan. Remember, anyone can do it... so why not you? 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: Obtaining Funding - How to Decide How Much to Raise Find an SBA Lender in Charleston, West Virginia Browse All Business Loan Sources for West Virginia
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