Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

I Need an SBA Loan to Buy a Franchise in Veneta, Oregon

 

 
Loan Census SBA Loan Info

Loan to Buy Subway Sandwich Shop Franchise Issued By Pacific Continental Bank

Borrowing money to invest in a Subway Sandwich Shop franchise? Pacific Continental Bank has a history of making these loans and they are guaranteed by the SBA.

Subway Sandwich Shop franchise loans are available to Veneta, Oregon entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Pacific Continental Bank, based in Eugene, Oregon, issued an SBA franchise loan for a Subway Sandwich Shop franchise in 2004. We've got all the details on this Oregon small business loan.

SBA Loan Borrower

SUBWAY #21078
VENETA, OR 97487

SBA Loan Lender

PACIFIC CONTINENTAL BANK
111 W 7TH AVE
EUGENE, OR 97401

This lender provides SBA small business 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.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

1/30/2004

Loan Approval Gross Amount

$216,500

Loan Approval from the SBA

Of the total $216,500 loan amount, the SBA guaranteed $162,375.

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 12 employees. This SBA loan request indicated that the loan would help retain 12 existing jobs.

Next Steps for Getting an SBA Loan

If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Pacific Continental Bank and they will explain how you can get an SBA loan for your company.

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

Angel Investors

Banks in Eugene, Oregon

Oregon SBA Bank Lenders