Borrow Money to Buy a Quiznos Franchise
Need money to invest in a Quiznos franchise? Community First Cu has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Oshkosh, Wisconsin needed money to invest in a Quiznos franchise back in 2003. Community First Cu issued an SBA franchise loan. Here are the details on this Wisconsin small business loan.
SBA Loan Borrower
QUIZWIZ, LLC
OSHKOSH, WI 54904
SBA Loan Lender
COMMUNITY FIRST CU
2626 S ONEIDA ST
APPLETON, WI 54915
This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
9/25/2003
Loan Approval Gross Amount
$149,000
Loan Approval from the SBA
Of the total $149,000 loan amount, the SBA guaranteed $126,650.
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 15 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
This SBA loan was for $149,000. How would you spend $149,000 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.
Related Links:
Quiznos Sub
Bank Credit Lines
Find an SBA Lender in Appleton, Wisconsin
SBA Participating Banks in Wisconsin