 |
 |
January 23, 2025 |
|
|
|
|
||
| Home > Small Business Lenders by State > Texas Business Loan Sources > Birmingham, Business Loans > Regions Bank Birmingham Business Loans > Sfc Hooah Enterprises LLC Loan | ||||
 |
||||
Raising Money in Grand Prairie, Texas With SBA Loans
|
||||
 |
Loan to Buy Quizno's Subs Franchise Issued By Regions BankNeed money to invest in a Quizno's Subs franchise? Regions Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Quizno's Subs franchise shouldn't be too tough. In 2007, Regions Bank issued an SBA franchise loan to an entrepreneur in Grand Prairie, Texas. Because Quizno's Subs was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis. SBA Loan Borrower SFC HOOAH ENTERPRISES LLC SBA Loan Lender REGIONS BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 6/5/2007 Loan Approval Gross Amount $140,000 Loan Approval from the SBA Of the total $140,000 loan amount, the SBA guaranteed $70,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Quizno's Subs franchise. At the time of the loan, the company had no employees. This SBA loan request indicated that the loan would help create 8 new jobs. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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. Related Links: SBA 7A Banks for Birmingham, Alabama Loans SBA Participating Banks in Alabama
|
|
||
|
||||
|
|
||||