Pewaukee, WI Entrepreneur Gets SBA Loan to Buy Quiznos Franchise

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

If you live near Pewaukee, Wisconsin and are interested in buying a Quiznos franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by Marine Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

QUIZNOS SUBS
PEWAUKEE, WI 53072

SBA Loan Lender

MARINE BANK
N27 W24025 PAUL CT
PEWAUKEE, WI 53072

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide loans to American small businesses.

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

11/17/2005

Loan Approval Gross Amount

$106,475

Loan Approval from the SBA

Of the total $106,475 loan amount, the SBA guaranteed $90,504.

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 5 employees. The loan application did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.

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

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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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