Loan to Buy Quiznos Franchise Issued By First National Bank Of Omaha
Need a loan to invest in a Quiznos franchise? First National Bank Of Omaha has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Quiznos franchise? If so, here's a 2005 SBA franchise loan that you should know about. First National Bank Of Omaha was the lender and the entrepreneur was based in Omaha, Nebraska.
SBA Loan Borrower
QUIZNO'S
OMAHA, NE 68102
SBA Loan Lender
FIRST NATIONAL BANK OF OMAHA
1620 DODGE ST
OMAHA, NE 68197
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
7/15/2005
Loan Approval Gross Amount
$61,300
Loan Approval from the SBA
Of the total $61,300 loan amount, the SBA guaranteed $52,105.
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 4 employees. The SBA loan documents did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
If you are raising money in Omaha NE, you ought to talk with a local Omaha SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Omaha businesses.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First National Bank Of Omaha are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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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