Loan to Buy Quiznos Franchise Issued By Regions Morgan Keegan Trust F.

Need a loan to invest in a Quiznos franchise? Regions Morgan Keegan Trust F. has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Hueytown, Alabama needed money to invest in a Quiznos franchise back in 2003. Regions Morgan Keegan Trust F. issued an SBA franchise loan. Here are the details on this Alabama small business loan.

SBA Loan Borrower

QUIZNO'S SUB (HOYT HARDWICK, J
HUEYTOWN, AL 35023

SBA Loan Lender

REGIONS MORGAN KEEGAN TRUST F.
417 20TH ST NORTH
BIRMINGHAM, AL 35203

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

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

12/8/2003

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 15 employees. This SBA loan request did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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

Getting a Small Business Loan

SBA 7A Banks in Birmingham, Alabama

Getting an SBA Loan in Alabama