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November 15, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Longwood, Business Loans > Orlando National Bank Longwood Business Loans > Firehouse Subs Loan | ||||
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Where to Get a Small Business Loan to Purchase a Franchise
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Loan to Buy Firehouse Subs Franchise Issued By Orlando National BankBorrowing money to buy a Firehouse Subs franchise? Orlando National Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Winter Park, Florida needed money to invest in a Firehouse Subs franchise back in 2002. Orlando National Bank issued an SBA franchise loan. Here are the details on this Florida small business loan. SBA Loan Borrower FIREHOUSE SUBS SBA Loan Lender ORLANDO NATIONAL BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 8/23/2002 Loan Approval Gross Amount $139,000 Loan Approval from the SBA Of the total $139,000 loan amount, the SBA guaranteed $118,150. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Firehouse Subs franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 11 new jobs. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Orlando National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Determining Proper Capital Structure for a Business SBA 7A Lenders in Longwood, Florida
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