Lafayette, CO Entrepreneur Gets SBA Loan to Buy Quiznos Franchise
Need money to purchase a Quiznos franchise? Bank Of The West has a history of making these loans and they are guaranteed by the SBA.
Quiznos franchise loans are available to Lafayette, Colorado entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bank Of The West, based in Truckee, California, issued an SBA franchise loan for a Quiznos franchise in 2004. We've got all the details on this Colorado small business loan.
SBA Loan Borrower
QUIZNO'S SUBS
LAFAYETTE, CO 80026
SBA Loan Lender
BANK OF THE WEST
10181 TRUCKEE TAHOE AIRPORT R
TRUCKEE, CA 96161
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
12/30/2004
Loan Approval Gross Amount
$154,000
Loan Approval from the SBA
Of the total $154,000 loan amount, the SBA guaranteed $115,500.
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 only one employee. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
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 Bank Of The West 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.
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