Nebraska Entrepreneur Secures Financing to Buy Quiznos Franchise

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

An entrepreneur in North Platte, Nebraska needed money to invest in a Quiznos franchise back in 2006. Equitable Bank issued an SBA franchise loan. Here are the details on this Nebraska small business loan.

SBA Loan Borrower

QUIZNOS
NORTH PLATTE, NE 69101

SBA Loan Lender

EQUITABLE BANK
113 N LOCUST ST
GRAND ISLAND, NE 68801

The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

3/10/2006

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

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 13 employees. The SBA loan documents indicated that the loan would help retain 13 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

We've showcased information on this loan to let you know that businesses like yours 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:

Quiznos Sub

Accountant's Role in Securing Financing

SBA Approved Banks in Grand Island, Nebraska

Nebraska SBA Bank Lenders