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November 21, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Saint Louis Park, Business Loans > Bremer Bank Saint Louis Park Business Loans > Quizno's Subs Loan | ||||
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How Much Does It Cost to Buy a Franchise in Minneapolis, Minnesota?
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Minneapolis, MN Entrepreneur Gets SBA Loan to Buy Quiznos FranchiseNeed money to buy a Quiznos franchise? Bremer Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Quiznos franchise? If so, here's a 2000 SBA franchise loan that you should know about. Bremer Bank was the lender and the entrepreneur was based in Minneapolis, Minnesota. SBA Loan Borrower QUIZNO'S SUBS SBA Loan Lender BREMER BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places Loan Approval Date 8/8/2000 Loan Approval Gross Amount $388,000 Loan Approval from the SBA Of the total $388,000 loan amount, the SBA guaranteed $291,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Quiznos franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bremer Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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: Borrowing Money from Friends and Family Good Banks for Small Business in Saint Louis Park, Minnesota Find an SBA Lender in Minnesota
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