Borrow Money to Buy a Quiznos Franchise

Need a loan to buy a Quiznos franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA.

Quiznos franchise loans are available to Los Angeles, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Community W. Bank, based in Goleta, California, issued an SBA franchise loan for a Quiznos franchise in 2005. We've got all the details on this California small business loan.

SBA Loan Borrower

QUIZNO'S SUBS
LOS ANGELES, CA 90028

SBA Loan Lender

COMMUNITY W. BANK
5827 HOLLISTER AVE
GOLETA, CA 93117

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

5/12/2005

Loan Approval Gross Amount

$201,500

Loan Approval from the SBA

Of the total $201,500 loan amount, the SBA guaranteed $151,125.

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 only one employee. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 1 existing job.

Great, But How Can I Get an SBA Loan for My Business?

Every year, the SBA guarantees over $10 billion for loans just like this one.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Community W. 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.

Related Links:

Quiznos Sub

SBIR Funding

Small Bank Loans in Goleta, California

SBA Lenders in California