Borrow Money to Buy a Quiznos Franchise

Borrowing money to buy a Quiznos franchise? Amer Business Lending Inc. has a history of making these loans and they are guaranteed by the SBA.

Quiznos franchise loans are available to Mckinney, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Amer Business Lending Inc., based in Dallas, Texas, issued an SBA franchise loan for a Quiznos franchise in 2008. We've got all the details on this Texas small business loan.

SBA Loan Borrower

QUIZNO'S SUB # 4057
MCKINNEY, TX 75070

SBA Loan Lender

AMER BUSINESS LENDING INC.
1420 W. MOCKINGBIRD LANE, SUI
DALLAS, TX 75247

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide small business loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

1/29/2008

Loan Approval Gross Amount

$249,500

Loan Approval from the SBA

Of the total $249,500 loan amount, the SBA guaranteed $187,125.

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 6 employees. The loan application indicated that the loan would help retain 6 existing jobs.

Next Steps for Getting an SBA Loan

If you have been wondering how do i get money to start a business in Mckinney TX, you ought to talk with a local Mckinney SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Mckinney businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Amer Business Lending Inc. had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Amer Business Lending Inc. made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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

Debt Financing

SBA 7A Lenders in Dallas, Texas

Getting an SBA Loan in Texas