Oklahoma Entrepreneur Secures Financing to Buy Quiznos Franchise

Need a loan to invest in a Quiznos franchise? Bancfirst 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 2001 SBA franchise loan that you should know about. Bancfirst was the lender and the entrepreneur was based in Stillwater, Oklahoma.

SBA Loan Borrower

QUIZNO'S
STILLWATER, OK 74074

SBA Loan Lender

BANCFIRST
101 N BROADWAY, STE 1050
OKLAHOMA CITY, OK 73102

This bank loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending history and a deep knowledge SBA lending rules and regulations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

10/23/2001

Loan Approval Gross Amount

$210,800

Loan Approval from the SBA

Of the total $210,800 loan amount, the SBA guaranteed $158,100.

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 13 employees. This SBA loan request did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Bancfirst had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Bancfirst 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:

Quiznos Sub

Angel Investors

Banks in Oklahoma City, Oklahoma

Getting an SBA Loan in Oklahoma