Desert Community Bank Provides SBA Loan to Buy Quiznos Franchise

Need a loan to buy a Quiznos franchise? Desert Community Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in North Las Vegas, Nevada needed money to invest in a Quiznos franchise back in 2004. Desert Community Bank issued an SBA franchise loan. Here are the details on this Nevada small business loan.

SBA Loan Borrower

DBA QUIZNO'S # 6404
NORTH LAS VEGAS, NV 89031

SBA Loan Lender

DESERT COMMUNITY BANK
3740 S PECOS MCLEOD
LAS VEGAS, NV 89121

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

7/14/2004

Loan Approval Gross Amount

$172,375

Loan Approval from the SBA

Of the total $172,375 loan amount, the SBA guaranteed $129,281.

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 7 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Desert Community Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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