Borrow Money to Buy a Quiznos Franchise
Borrowing money to purchase 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 2002. Bancfirst issued an SBA franchise loan. Here are the details on this Oklahoma small business loan.
SBA Loan Borrower
QUIZNO'S
OKLAHOMA CITY, OK 73132
SBA Loan Lender
BANCFIRST
101 N BROADWAY, STE 1050
OKLAHOMA CITY, OK 73102
When it made this small business loan, this lending institution was part of the SBA's Certified Lenders Program (CLP). This program aims to ensure expeditious service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
1/9/2002
Loan Approval Gross Amount
$139,400
Loan Approval from the SBA
Of the total $139,400 loan amount, the SBA guaranteed $118,490.
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 did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
We can help you find the best banks for small businesses in Oklahoma City or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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