Loan Census Banking News and Information
November 14, 2024  
 
 
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SBA Franchise Lenders in Arizona

 

 
Loan Census SBA Loan Info

Arizona Entrepreneur Secures Financing to Buy Quiznos Franchise

Need money to buy a Quiznos franchise? M&i Marshall & Ilsley Bank has a history of making these loans and they are guaranteed by the SBA.

Quiznos franchise loans are available to Phoenix, Arizona entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, M&i Marshall & Ilsley Bank, based in Milwaukee, Wisconsin, issued an SBA franchise loan for a Quiznos franchise in 2005. We've got all the details on this Arizona small business loan.

SBA Loan Borrower

QUIZNO'S
PHOENIX, AZ 85032

SBA Loan Lender

M&I MARSHALL & ILSLEY BANK
770 N WATER ST
MILWAUKEE, WI 53202

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

11/21/2005

Loan Approval Gross Amount

$70,000

Loan Approval from the SBA

Of the total $70,000 loan amount, the SBA guaranteed $52,500.

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 7 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 7 existing jobs.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a company in Phoenix AZ, you ought to talk with a local Phoenix SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Phoenix businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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

Direct Public Offerings

SBA 7A Banks in Milwaukee, Wisconsin

SBA Lenders in Wisconsin