Loan to Buy Subway Sandwich Shop Franchise Issued By Citibank
Need money to purchase a Subway Sandwich Shop franchise? Citibank has a history of making these loans and they are guaranteed by the SBA.
Subway Sandwich Shop franchise loans are available to Torrance, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Citibank, based in San Francisco, California, issued an SBA franchise loan for a Subway Sandwich Shop franchise in 2004. We've got all the details on this California small business loan.
SBA Loan Borrower
SUBWAY SANDWICHES & SALADS #33
TORRANCE, CA 90503
SBA Loan Lender
CITIBANK
ONE SANSOME ST
SAN FRANCISCO, CA 94104
The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
722110 - Full-Service Restaurants
Loan Approval Date
11/23/2004
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $10,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Subway Sandwich Shop franchise. At the time of the loan, the company
had 9 employees. This SBA loan request indicated that the loan would help retain 9 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
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.
Related Links:
Subway
Small Business Loan
SBA 7A Banks for San Francisco, California Loans
California SBA Banks