Community Bank & Trust Provides SBA Loan to Buy Quiznos Franchise
Need a loan to buy a Quiznos franchise? Community Bank & Trust has a history of making these loans and they are guaranteed by the SBA.
Quiznos franchise loans are available to Sheboygan, Wisconsin entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Community Bank & Trust, based in Sheboygan, Wisconsin, issued an SBA franchise loan for a Quiznos franchise in 2001. We've got all the details on this Wisconsin small business loan.
SBA Loan Borrower
QUIZNO'S SHEBOYGAN
SHEBOYGAN, WI 53081
SBA Loan Lender
COMMUNITY BANK & TRUST
604 N EIGHTH ST
SHEBOYGAN, WI 53081
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
4/20/2001
Loan Approval Gross Amount
$40,000
Loan Approval from the SBA
Of the total $40,000 loan amount, the SBA guaranteed $34,000.
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 only one employee. The SBA loan documents indicated that the borrowed money would help create 10 new jobs.
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.
This SBA loan was for $40,000. How would you spend $40,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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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