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November 15, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Arlington, Business Loans > North County Bank Arlington Business Loans > Quiznos Loan | ||||
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Requirements for Getting a Franchise Loan
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Stanwood, WA Entrepreneur Gets SBA Loan to Buy Quiznos FranchiseNeed money to invest in a Quiznos franchise? North County Bank 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 2005 SBA franchise loan that you should know about. North County Bank was the lender and the entrepreneur was based in Stanwood, Washington. SBA Loan Borrower QUIZNOS SBA Loan Lender NORTH COUNTY BANK This lender issued this particular SBA small business 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 8/15/2005 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. 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 12 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. We can help you find the best banks for small businesses in Stanwood or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Obtaining Funding - Getting Venture Capital SBA 7A Banks for Arlington, Washington Loans
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