Borrow Money to Buy a Subway Sandwich Shop Franchise
Borrowing money to buy a Subway Sandwich Shop franchise? Saehan Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Subway Sandwich Shop franchise? If so, here's a 2005 SBA franchise loan that you should know about. Saehan Bank was the lender and the entrepreneur was based in Westport, Washington.
SBA Loan Borrower
WESTPORT "Y" DELI GROCERY
WESTPORT, WA 98595
SBA Loan Lender
SAEHAN BANK
3580 WILSHIRE BLVD, STE 1500
LOS ANGELES, CA 90010
This lender provides SBA debt financing 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
447110 - Gasoline Stations with Convenience Stores
Loan Approval Date
5/25/2005
Loan Approval Gross Amount
$1,215,000
Loan Approval from the SBA
Of the total $1,215,000 loan amount, the SBA guaranteed $911,250.
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 3 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $1,215,000 loan. Remember, things become real when you believe you can achieve them!
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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