Borrow Money to Buy a Quiznos Franchise
Borrowing money to buy a Quiznos franchise? Commerce Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Quiznos franchise requires some effort but others before you have been successful. In 2007, Commerce Bank issued an SBA franchise loan to an entrepreneur in Lebanon, Missouri. Because Quiznos was registered with the SBA's registry of franchises, this Missouri small business loan was issued on an expedited basis.
SBA Loan Borrower
QUIZNO'S
LEBANON, MO 65536
SBA Loan Lender
COMMERCE BANK
1000 WALNUT ST
KANSAS CITY, MO 64141
This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
3/27/2007
Loan Approval Gross Amount
$403,000
Loan Approval from the SBA
Of the total $403,000 loan amount, the SBA guaranteed $302,250.
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 12 employees. This SBA loan request indicated that the loan would help generate 13 new jobs and retain 12 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Commerce Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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