Loan to Buy Quiznos Franchise Issued By Banco Popular De Puerto Rico
Need a loan to buy a Quiznos franchise? Banco Popular De Puerto Rico has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Quiznos franchise may simply require a phone call to a local SBA banker. In 2002, Banco Popular De Puerto Rico issued an SBA franchise loan to an entrepreneur in Carolina, . Because Quiznos was registered with the SBA's registry of franchises, this small business loan was issued on an expedited basis.
SBA Loan Borrower
QUIZNO'S
CAROLINA, PR 00785
SBA Loan Lender
BANCO POPULAR DE PUERTO RICO
209 MUNOZ RIVERA AVE, POPULAR
SAN JUAN, PR 00918
This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
722211 - Limited-Service Restaurants
Loan Approval Date
8/14/2002
Loan Approval Gross Amount
$160,000
Loan Approval from the SBA
Of the total $160,000 loan amount, the SBA guaranteed $80,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Quiznos franchise. At the time of the loan, the company
had 2 employees. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 8 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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