Loan to Buy Quiznos Franchise Issued By Excel National Bank
Borrowing money to purchase a Quiznos franchise? Excel National Bank has a history of making these loans and they are guaranteed by the SBA.
If you live near Madera, California and are interested in buying a Quiznos franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by Excel National Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
QUIZNO'S & CIRCLE K
MADERA, CA 93637
SBA Loan Lender
EXCEL NATIONAL BANK
9701 WILSHIRE BLVD
BEVERLY HILLS, CA 90212
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
6/15/2006
Loan Approval Gross Amount
$1,658,300
Loan Approval from the SBA
Of the total $1,658,300 loan amount, the SBA guaranteed $1,243,725.
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 11 new jobs and retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
This SBA loan was for $1,658,300. How would you spend $1,658,300 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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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