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December 22, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Washington, Business Loans > Loans From Old Closed Lenders Washington Business Loans > Schlotzsky's Deli Loan | ||||
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Where to Get an SBA Loan to Purchase a Franchise
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Kansas Entrepreneur Secures Financing to Buy Schlotzsky's Sandwich Shop FranchiseNeed a loan to buy a Schlotzsky's Sandwich Shop franchise? Loans From Old Closed Lenders has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Schlotzsky's Sandwich Shop franchise shouldn't be too tough. In 2000, Loans From Old Closed Lenders issued an SBA franchise loan to an entrepreneur in Shawnee, Kansas. Because Schlotzsky's Sandwich Shop was registered with the SBA's registry of franchises, this Kansas small business loan was issued on an expedited basis. SBA Loan Borrower SCHLOTZSKY'S DELI SBA Loan Lender LOANS FROM OLD CLOSED LENDERS This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places Loan Approval Date 8/17/2000 Loan Approval Gross Amount $1,570,600 Loan Approval from the SBA Of the total $1,570,600 loan amount, the SBA guaranteed $749,992. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Schlotzsky's Sandwich Shop franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 48 new jobs and retain 2 existing jobs. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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 - Friends and Family Who Lends Money to Small Businesses in Washington, District of Columbia District of Columbia SBA Banks
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