Loan to Buy Quiznos Franchise Issued By Orlando National Bank

Borrowing money to buy a Quiznos franchise? Orlando National Bank has a history of making these loans and they are guaranteed by the SBA.

Quiznos franchise loans are available to Palm Coast, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Orlando National Bank, based in Longwood, Florida, issued an SBA franchise loan for a Quiznos franchise in 2007. We've got all the details on this Florida small business loan.

SBA Loan Borrower

QUIZNO'S SUBS STORE #9097
PALM COAST, FL 32164

SBA Loan Lender

ORLANDO NATIONAL BANK
502 N HWY 17-92
LONGWOOD, FL 32750

This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

1/19/2007

Loan Approval Gross Amount

$165,000

Loan Approval from the SBA

Of the total $165,000 loan amount, the SBA guaranteed $123,750.

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 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 7 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $165,000 loan. Remember, things become real when you believe you can achieve them!

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

Obtaining Funding - Getting Venture Capital

SBA Approved Banks in Longwood, Florida

Getting an SBA Loan in Florida