Greenfield, IN Entrepreneur Gets SBA Loan to Buy Quiznos Franchise
Need money to purchase a Quiznos franchise? Forum Cu has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Greenfield, Indiana needed money to invest in a Quiznos franchise back in 2005. Forum Cu issued an SBA franchise loan. Here are the details on this Indiana small business loan.
SBA Loan Borrower
QUIZNOS
GREENFIELD, IN 46140
SBA Loan Lender
FORUM CU
11580 USA PKWY
FISHERS, IN 46038
This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
7/5/2005
Loan Approval Gross Amount
$161,885
Loan Approval from the SBA
Of the total $161,885 loan amount, the SBA guaranteed $121,414.
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 16 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
If you are raising money in Greenfield IN, you ought to talk with a local Greenfield SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Greenfield businesses.
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 Forum Cu 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.
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