Loan to Buy Quiznos Franchise Issued By Desert Community Bank
Need money to purchase a Quiznos franchise? Desert Community Bank has a history of making these loans and they are guaranteed by the SBA.
Quiznos franchise loans are available to Las Vegas, Nevada entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Desert Community Bank, based in Las Vegas, Nevada, issued an SBA franchise loan for a Quiznos franchise in 2005. We've got all the details on this Nevada small business loan.
SBA Loan Borrower
QUIZNOS #7699
LAS VEGAS, NV 89110
SBA Loan Lender
DESERT COMMUNITY BANK
3740 S PECOS MCLEOD
LAS VEGAS, NV 89121
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This 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
10/13/2005
Loan Approval Gross Amount
$135,000
Loan Approval from the SBA
Of the total $135,000 loan amount, the SBA guaranteed $114,750.
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 2 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Desert Community Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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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