Kentucky Entrepreneur Secures Financing to Buy Quiznos Franchise
Borrowing money to purchase a Quiznos franchise? National City Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Louisville, Kentucky needed money to invest in a Quiznos franchise back in 2004. National City Bank issued an SBA franchise loan. Here are the details on this Kentucky small business loan.
SBA Loan Borrower
BRIAN L CURL DBA QUIZNOS
LOUISVILLE, KY 40241
SBA Loan Lender
NATIONAL CITY BANK
101 S 5TH ST
LOUISVILLE, KY 40202
This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
12/27/2004
Loan Approval Gross Amount
$130,000
Loan Approval from the SBA
Of the total $130,000 loan amount, the SBA guaranteed $65,000.
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. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
We can help you find the best banks for small businesses in Louisville or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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
The Friends and Family Network
Who Lends Money to Small Businesses in Louisville, Kentucky
SBA Kentucky Lenders