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November 22, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Quizno's Subs #4831 Loan | ||||
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Michigan Small Business Funding for Franchises
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Michigan Entrepreneur Secures Financing to Buy Quiznos FranchiseNeed a loan to purchase a Quiznos franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA. Quiznos franchise loans are available to Livonia, Michigan entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Cit Small Business Lending Corp, based in Livingston, New Jersey, issued an SBA franchise loan for a Quiznos franchise in 2003. We've got all the details on this Michigan small business loan. SBA Loan Borrower QUIZNO'S SUBS #4831 SBA Loan Lender CIT SMALL BUSINESS LENDING CORP This lender provides SBA commercial 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 11/28/2003 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 8 employees. This SBA loan request indicated that the funding would help generate 8 new jobs. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: SBA 7A Banks for Livingston, New Jersey Loans
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