Loan to Buy Quiznos Franchise Issued By First Fed. Savings Bank - Florid

Need a loan to invest in a Quiznos franchise? First Fed. Savings Bank - Florid has a history of making these loans and they are guaranteed by the SBA.

Quiznos franchise loans are available to Lake City, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Fed. Savings Bank - Florid, based in Lake City, Florida, issued an SBA franchise loan for a Quiznos franchise in 2004. We've got all the details on this Florida small business loan.

SBA Loan Borrower

QUIZNOS SUB (SANMAN ENTERPRISE
LAKE CITY, FL 32055

SBA Loan Lender

FIRST FED. SAVINGS BANK - FLORID
HWY 90 WEST
LAKE CITY, FL 32055

This lender issued this particular SBA bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

2/23/2004

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Quiznos franchise. At the time of the loan, the company had 9 employees. The loan application did not indicate that the company planned to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

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.

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.

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