Orlando, FL Entrepreneur Gets SBA Loan to Buy Quiznos Franchise
Need a loan to buy a Quiznos franchise? Business Loan Center, LLC has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Orlando, Florida needed money to invest in a Quiznos franchise back in 2006. Business Loan Center, LLC issued an SBA franchise loan. Here are the details on this Florida small business loan.
SBA Loan Borrower
QUIZNO'S SUB
ORLANDO, FL 32828
SBA Loan Lender
BUSINESS LOAN CENTER, LLC
1633 BROADWAY, 39TH FL
NEW YORK, NY 10019
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
9/15/2006
Loan Approval Gross Amount
$216,500
Loan Approval from the SBA
Of the total $216,500 loan amount, the SBA guaranteed $162,375.
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 SBA loan application for the borrower indicated that the loan would help generate 8 new jobs and retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
This SBA loan was for $216,500. How would you spend $216,500 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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