Indiana Entrepreneur Secures Financing to Buy Roly Poly Rolled Sandwiches Franchise

Need a loan to invest in a Roly Poly Rolled Sandwiches franchise? First Finan Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Terre Haute, Indiana and are interested in buying a Roly Poly Rolled Sandwiches franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 by First Finan Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

ROLY POLY
TERRE HAUTE, IN 47807

SBA Loan Lender

FIRST FINAN BANK
ONE FIRST FINANCIAL PLAZA
TERRE HAUTE, IN 47807

This lender issued this small business loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

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

7/1/2003

Loan Approval Gross Amount

$72,000

Loan Approval from the SBA

Of the total $72,000 loan amount, the SBA guaranteed $61,200.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Roly Poly Rolled Sandwiches franchise. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $72,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Roly Poly Rolled Sandwiches

Family and Friend Investors - Your First Financiers

SBA 7A Lenders in Terre Haute, Indiana

Indiana SBA 7A Lenders