Colorado Entrepreneur Secures Financing to Buy Quiznos Franchise
Borrowing money to purchase a Quiznos franchise? Small Business Loan Source LLC has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Colorado Springs, Colorado needed money to invest in a Quiznos franchise back in 2006. Small Business Loan Source LLC issued an SBA franchise loan. Here are the details on this Colorado small business loan.
SBA Loan Borrower
QUIZNO'S
COLORADO SPRINGS, CO 80922
SBA Loan Lender
SMALL BUSINESS LOAN SOURCE LLC
9801 WESTHEIMER RD #1100
HOUSTON, TX 77056
This lender provides SBA guaranteed 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
4/26/2006
Loan Approval Gross Amount
$169,000
Loan Approval from the SBA
Of the total $169,000 loan amount, the SBA guaranteed $126,750.
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 loan application indicated that the borrowed money would help generate 1 new job.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
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 $169,000 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.
Related Links:
Quiznos Sub
Business Line of Credit
Good Banks for Small Business in Houston, Texas
Texas SBA 7A Banks