Loan Census Banking News and Information
December 23, 2024  
 
 
  Business Loan Information  
 

California Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Business Lenders, LLC Provides SBA Loan to Buy Quiznos Franchise

Borrowing money to buy a Quiznos franchise? Business Lenders, LLC has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Palm Desert, California needed money to invest in a Quiznos franchise back in 2006. Business Lenders, LLC issued an SBA franchise loan. Here are the details on this California small business loan.

SBA Loan Borrower

QUIZNOS SUB #10280.
PALM DESERT, CA 92211

SBA Loan Lender

BUSINESS LENDERS, LLC
50 STATE HOUSE SQUARE 5TH FL
HARTFORD, CT 06103

This lender provides SBA loan for small businesses 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

722211 - Limited-Service Restaurants

Loan Approval Date

12/28/2006

Loan Approval Gross Amount

$180,000

Loan Approval from the SBA

Of the total $180,000 loan amount, the SBA guaranteed $135,000.

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 loan application indicated that the loan would help generate 18 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Business Lenders, LLC that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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

Microlending as a Small Business Funding Source

SBA 7A Banks for Hartford, Connecticut Loans

Connecticut SBA 7A Lenders