Premier Bank Provides SBA Loan to Buy Quiznos Franchise
Need a loan to invest in a Quiznos franchise? Premier Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Tempe, Arizona needed money to invest in a Quiznos franchise back in 2003. Premier Bank issued an SBA franchise loan. Here are the details on this Arizona small business loan.
SBA Loan Borrower
QUIZNO #799
TEMPE, AZ 85283
SBA Loan Lender
PREMIER BANK
1630 STOUT ST
DENVER, CO 80202
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
9/26/2003
Loan Approval Gross Amount
$206,000
Loan Approval from the SBA
Of the total $206,000 loan amount, the SBA guaranteed $154,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Quiznos franchise. At the time of the loan, the company
had 9 employees. The loan application indicated that the funding would help generate 3 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great way to raise money
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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