Borrow Money to Buy a Schlotzsky's Sandwich Shop Franchise
Need a loan to purchase a Schlotzsky's Sandwich Shop franchise? First Texas Bank has a history of making these loans and they are guaranteed by the SBA.
If you live near Temple, Texas and are interested in buying a Schlotzsky's Sandwich Shop franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by First Texas Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
SCHLOTZSKY'S
TEMPLE, TX 76504
SBA Loan Lender
FIRST TEXAS BANK
300 E 1ST
BELTON, TX 76513
This SBA loan was issued under the SBA's Certified Lenders Program (CLP), which means that this bank has a successful SBA lending background and are well trained in SBA policies and procedures.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
6/14/2005
Loan Approval Gross Amount
$607,100
Loan Approval from the SBA
Of the total $607,100 loan amount, the SBA guaranteed $455,325.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Schlotzsky's Sandwich Shop franchise. At the time of the loan, the company
had 30 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
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.
Related Links:
Schlotzsky's Deli
The Friends and Family Network
Good Banks for Small Business in Belton, Texas
SBA Texas Lenders