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November 24, 2024  
 
 
  Business Loan Information  
 

I Need an SBA Loan to Buy a Franchise in Rice Lake, Wisconsin

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Quiznos Franchise

Need a loan to buy a Quiznos franchise? Royal Cu has a history of making these loans and they are guaranteed by the SBA.

Quiznos franchise loans are available to Rice Lake, Wisconsin entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Royal Cu, based in Eau Claire, Wisconsin, issued an SBA franchise loan for a Quiznos franchise in 2000. We've got all the details on this Wisconsin small business loan.

SBA Loan Borrower

QUIZNO'S OVEN BAKED CLASSIC SU
RICE LAKE, WI 54848

SBA Loan Lender

ROYAL CU
200 RIVERFRONT TER
EAU CLAIRE, WI 54703

This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

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

10/25/2000

Loan Approval Gross Amount

$130,000

Loan Approval from the SBA

Of the total $130,000 loan amount, the SBA guaranteed $97,500.

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 10 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

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

SBA loans provide money to small business owners for working capital for other expenses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Royal Cu 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.

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