Oklahoma Entrepreneur Secures Financing to Buy Quiznos Franchise
Borrowing money to buy a Quiznos franchise? Bancfirst has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Oklahoma City, Oklahoma needed money to invest in a Quiznos franchise back in 2007. Bancfirst issued an SBA franchise loan. Here are the details on this Oklahoma small business loan.
SBA Loan Borrower
QUIZNO'S
OKLAHOMA CITY, OK 73118
SBA Loan Lender
BANCFIRST
101 N BROADWAY, STE 1050
OKLAHOMA CITY, OK 73102
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide 7A 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
7/23/2007
Loan Approval Gross Amount
$156,000
Loan Approval from the SBA
Of the total $156,000 loan amount, the SBA guaranteed $117,000.
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 9 employees. The loan application indicated that the borrowed money would help create 9 new jobs.
Getting an SBA Loan For Your Business
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This SBA loan was for $156,000. How would you spend $156,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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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Quiznos Sub
Startup Funding Tip
Who Lends Money to Small Businesses in Oklahoma City, Oklahoma
SBA Participating Banks in Oklahoma