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December 22, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > New York City, Business Loans > Flushing Savings Bank, Fsb New York City Business Loans > Quizno's Sub Loan | ||||
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New York, New York Bank for SBA Loans
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New York, NY Entrepreneur Gets SBA Loan to Buy Quiznos FranchiseNeed a loan to buy a Quiznos franchise? Flushing Savings Bank, Fsb has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in New York, New York needed money to invest in a Quiznos franchise back in 2005. Flushing Savings Bank, Fsb issued an SBA franchise loan. Here are the details on this New York small business loan. SBA Loan Borrower QUIZNO'S SUB SBA Loan Lender FLUSHING SAVINGS BANK, FSB This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 12/14/2005 Loan Approval Gross Amount $274,000 Loan Approval from the SBA Of the total $274,000 loan amount, the SBA guaranteed $205,500. 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 loan application indicated that the loan would help generate 9 new jobs and retain 10 existing jobs. Getting an SBA Loan For Your Business If you are wondering how to raise money for a company in New York NY, you ought to talk with a local New York SBA lender or talk with an out-of-area SBA lender that has previously loaned money to New York businesses. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Where to Get an SBA Loan in New York City, New York
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