Spokane Teachers Cu Provides SBA Loan to Buy Quiznos Franchise

Borrowing money to buy a Quiznos franchise? Spokane Teachers Cu has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Spokane, Washington needed money to invest in a Quiznos franchise back in 2006. Spokane Teachers Cu issued an SBA franchise loan. Here are the details on this Washington small business loan.

SBA Loan Borrower

QUIZNO'S SUBS
SPOKANE, WA 99223

SBA Loan Lender

SPOKANE TEACHERS CU
2718 FIRST ST
CHENEY, WA 99004

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

711110 - Theater Companies and Dinner Theaters

Loan Approval Date

2/9/2006

Loan Approval Gross Amount

$161,500

Loan Approval from the SBA

Of the total $161,500 loan amount, the SBA guaranteed $121,125.

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 20 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

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.

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Washington SBA 7A Banks