Borrow Money to Buy a Quiznos Franchise
Need money to buy a Quiznos franchise? D. L. Evans Bank has a history of making these loans and they are guaranteed by the SBA.
Quiznos franchise loans are available to Boise, Idaho entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, D. L. Evans Bank, based in Burley, Idaho, issued an SBA franchise loan for a Quiznos franchise in 2004. We've got all the details on this Idaho small business loan.
SBA Loan Borrower
QUIZNO'S SUBS
BOISE, ID 83714
SBA Loan Lender
D. L. EVANS BANK
397 N OVERLAND AVE
BURLEY, ID 83318
This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
2/19/2004
Loan Approval Gross Amount
$115,000
Loan Approval from the SBA
Of the total $115,000 loan amount, the SBA guaranteed $97,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Quiznos franchise. At the time of the loan, the company
had 7 employees. The SBA loan documents did not indicate that the business promised to use the funding to hire new 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.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. D. L. Evans Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, D. L. Evans Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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:
Quiznos Sub
Financing Your Business
Banks in Burley, Idaho
Getting an SBA Loan in Idaho