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November 21, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Sacramento, Business Loans > California Bank & Trust Sacramento Business Loans > Quizno's Subs Loan | ||||
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Best Banks for Fort Oglethorpe, Georgia Business Owners
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Fort Oglethorpe, GA Entrepreneur Gets SBA Loan to Buy Quiznos FranchiseNeed a loan to buy a Quiznos franchise? California Bank & Trust has a history of making these loans and they are guaranteed by the SBA. If you live near Fort Oglethorpe, Georgia and are interested in buying a Quiznos franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by California Bank & Trust. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower QUIZNO'S SUBS SBA Loan Lender CALIFORNIA BANK & TRUST This lender provides SBA commercial 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 2/11/2005 Loan Approval Gross Amount $130,000 Loan Approval from the SBA Of the total $130,000 loan amount, the SBA guaranteed $110,500. 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. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 2 existing jobs. Next Steps for Getting an SBA Loan 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. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from California Bank & Trust 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: Banking Deregulation's Effects on Entrepreneurship SBA Banks in Sacramento, California
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