Loan Census Banking News and Information
December 22, 2024  
 
 
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Missouri Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

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