Loan Census Banking News and Information
November 21, 2024  
 
 
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Small Business Banks for El Paso Franchise Buyers

 

 
Loan Census SBA Loan Info

Jpmorgan Chase Bank Provides SBA Loan to Buy Quiznos Franchise

Need a loan to invest in a Quiznos franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA.

Quiznos franchise loans are available to El Paso, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Jpmorgan Chase Bank, based in Houston, Texas, issued an SBA franchise loan for a Quiznos franchise in 2005. We've got all the details on this Texas small business loan.

SBA Loan Borrower

CALIENTITOS, LLC DBA QUIZNOS #
EL PASO, TX 79902

SBA Loan Lender

JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002

This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

3/30/2005

Loan Approval Gross Amount

$120,000

Loan Approval from the SBA

Of the total $120,000 loan amount, the SBA guaranteed $60,000.

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 15 employees. This SBA loan request indicated that the loan would help generate 20 new jobs and retain 15 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

We can help you find the best banks for small businesses in El Paso or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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

Microlending as a Small Business Funding Source

Banks in Houston, Texas

Texas SBA Bank Lenders