Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

Pittsburg, California Bank Loan

 

 
Loan Census SBA Loan Info

Loan to Buy Quiznos Franchise Issued By United Security Bank

Need a loan to purchase a Quiznos franchise? United Security Bank has a history of making these loans and they are guaranteed by the SBA.

Quiznos franchise loans are available to Pittsburg, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, United Security Bank, based in Fresno, California, issued an SBA franchise loan for a Quiznos franchise in 2006. We've got all the details on this California small business loan.

SBA Loan Borrower

QUIZNOS #5930
PITTSBURG, CA 95008

SBA Loan Lender

UNITED SECURITY BANK
2126 INYO ST
FRESNO, CA 93710

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

8/23/2006

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 12 employees. The SBA loan application for the borrower did not indicate that the small business promised 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 typically are available at competitive interest rates and have no balloon payments or annual reviews.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like United Security Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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

Investor Turnoffs

Best Banks for Small Business in Fresno, California

Browse All Business Loan Sources for California