Joplin, MO Entrepreneur Gets SBA Loan to Buy Quiznos Franchise
Borrowing money to buy 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 2006. We've got all the details on this Missouri small business loan.
SBA Loan Borrower
QUIZNO'S
JOPLIN, MO 64804
SBA Loan Lender
MID-MISSOURI BANK
100 N MAIN ST
WEBB CITY, MO 64870
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
6/29/2006
Loan Approval Gross Amount
$286,400
Loan Approval from the SBA
Of the total $286,400 loan amount, the SBA guaranteed $214,800.
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 13 employees. The loan application did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
We can help you find the best banks for small businesses in Joplin 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:
Quiznos Sub
Advice on Getting a Small Business Loan
Best Banks for Small Business in Webb City, Missouri
Missouri SBA Bank Lenders