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December 22, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Grand Rapids, Business Loans > Fifth Third Bank Grand Rapids Business Loans > Quizno's Downtown Grand Rapids Loan | ||||
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Hudsonville, Michigan Bank for SBA Loans
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Hudsonville, MI Entrepreneur Gets SBA Loan to Buy Quiznos FranchiseNeed money to buy a Quiznos franchise? Fifth Third Bank has a history of making these loans and they are guaranteed by the SBA. Quiznos franchise loans are available to Hudsonville, Michigan entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Fifth Third Bank, based in Grand Rapids, Michigan, issued an SBA franchise loan for a Quiznos franchise in 2003. We've got all the details on this Michigan small business loan. SBA Loan Borrower QUIZNO'S DOWNTOWN GRAND RAPIDS SBA Loan Lender FIFTH THIRD BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 8/29/2003 Loan Approval Gross Amount $268,000 Loan Approval from the SBA Of the total $268,000 loan amount, the SBA guaranteed $201,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Quiznos franchise. At the time of the loan, the company had 23 employees. The SBA loan application for the borrower indicated that the loan would help generate 27 new jobs and retain 23 existing jobs. 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. We can help you find the best banks for small businesses in Hudsonville 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: SBA Participating Banks in Grand Rapids, Michigan Find an SBA Lender in Michigan
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