Borrow Money to Buy a Quiznos Franchise
Need money to purchase a Quiznos franchise? Keybank National Association has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Quiznos franchise? If so, here's a 2004 SBA franchise loan that you should know about. Keybank National Association was the lender and the entrepreneur was based in Reynoldsburg, Ohio.
SBA Loan Borrower
QUIZNO'S SUBS
REYNOLDSBURG, OH 43068
SBA Loan Lender
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
11/3/2004
Loan Approval Gross Amount
$143,000
Loan Approval from the SBA
Of the total $143,000 loan amount, the SBA guaranteed $71,500.
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 21 employees. The SBA loan documents indicated that the loan would help generate 20 new jobs and retain 21 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
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
Alternative Financing
SBA 7A Banks in Cleveland, Ohio
SBA Lenders in Ohio