Borrow Money to Buy a Quiznos Franchise
Need money to buy a Quiznos franchise? First Bank has a history of making these loans and they are guaranteed by the SBA.
Quiznos franchise loans are available to Laguna Hills, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Bank, based in Chula Vista, California, issued an SBA franchise loan for a Quiznos franchise in 2002. We've got all the details on this California small business loan.
SBA Loan Borrower
QUIZNOS SUBS #128
LAGUNA HILLS, CA 92677
SBA Loan Lender
FIRST BANK
318 4TH AVE
CHULA VISTA, CA 91910
This commercial loan was issued under the SBA's Certified Lenders Program (CLP), which means that this bank has a successful SBA lending background and a thorough understanding of SBA lending rules and regulations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
2/5/2002
Loan Approval Gross Amount
$90,000
Loan Approval from the SBA
Of the total $90,000 loan amount, the SBA guaranteed $76,500.
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 7 employees. This SBA loan request did not indicate that the company promised to use the money to increase staffing levels 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.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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
Microlending as a Small Business Funding Source
Small Business Banks in Chula Vista, California
Getting an SBA Loan in California