Utah Entrepreneur Secures Financing to Buy Schlotzsky's Sandwich Shop Franchise

Borrowing money to buy a Schlotzsky's Sandwich Shop franchise? Zions First National Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Schlotzsky's Sandwich Shop franchise? If so, here's a 2007 SBA franchise loan that you should know about. Zions First National Bank was the lender and the entrepreneur was based in South Jordan, Utah.

SBA Loan Borrower

SCHLOTZSKY'S DELI
SOUTH JORDAN, UT 84095

SBA Loan Lender

ZIONS FIRST NATIONAL BANK
1 S MAIN ST
SALT LAKE CITY, UT 84111

This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

8/7/2007

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $7,500.

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 13 employees. The SBA loan documents indicated that the loan would help retain 13 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to raise money for a business in South Jordan UT, you ought to talk with a local South Jordan SBA lender or talk with an out-of-area SBA lender that has previously loaned money to South Jordan businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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Schlotzsky's Deli

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Where to Get an SBA Loan Utah