Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

I Need an SBA Loan to Buy a Franchise in Joplin, Missouri

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Quiznos Franchise

Borrowing money to purchase a Quiznos franchise? Mid-Missouri Bank has a history of making these loans and they are guaranteed by the SBA.

Quiznos franchise loans are available to Joplin, Missouri entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Mid-Missouri Bank, based in Webb City, Missouri, issued an SBA franchise loan for a Quiznos franchise in 2005. We've got all the details on this Missouri small business loan.

SBA Loan Borrower

QUIZNO'S
JOPLIN, MO 64802

SBA Loan Lender

MID-MISSOURI BANK
100 N MAIN ST
WEBB CITY, MO 64870

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

9/2/2005

Loan Approval Gross Amount

$170,000

Loan Approval from the SBA

Of the total $170,000 loan amount, the SBA guaranteed $127,500.

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 2 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Mid-Missouri Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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

Alternative Financing

SBA Participating Banks in Webb City, Missouri

Missouri SBA 7A Banks