Loan to Buy Quizno's Subs Franchise Issued By Manufacturers & Traders Trust
Need a loan to invest in a Quizno's Subs franchise? Manufacturers & Traders Trust has a history of making these loans and they are guaranteed by the SBA.
Quizno's Subs franchise loans are available to Hunt Valley, Maryland entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Manufacturers & Traders Trust, based in Towson, Maryland, issued an SBA franchise loan for a Quizno's Subs franchise in 2004. We've got all the details on this Maryland small business loan.
SBA Loan Borrower
HUNT VALLEY Q, LLC DBA QUIZNO'
HUNT VALLEY, MD 21031
SBA Loan Lender
MANUFACTURERS & TRADERS TRUST
305 W CHESAPEAKE AVE
TOWSON, MD 21204
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
10/14/2004
Loan Approval Gross Amount
$140,000
Loan Approval from the SBA
Of the total $140,000 loan amount, the SBA guaranteed $119,000.
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 only one employee. The loan application did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Role of Business Plan When Raising Money
Best Banks in Towson, Maryland
Getting an SBA Loan in Maryland