Texas Entrepreneur Secures Financing to Buy Quiznos Franchise

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

Quiznos franchise loans are available to San Antonio, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Ozona National Bank, based in Ozona, Texas, issued an SBA franchise loan for a Quiznos franchise in 2003. We've got all the details on this Texas small business loan.

SBA Loan Borrower

QUIZNO'S SUB AT ALAMO HEIGHTS
SAN ANTONIO, TX 78209

SBA Loan Lender

OZONA NATIONAL BANK
503 11TH ST
OZONA, TX 76943

This lender issued this particular 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.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

4/11/2003

Loan Approval Gross Amount

$140,000

Loan Approval from the SBA

Of the total $140,000 loan amount, the SBA guaranteed $119,000.

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. This SBA loan request did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

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

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Ozona National Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Ozona National Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

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SBA Approved Banks in Ozona, Texas

Texas SBA Banks