California Bank & Trust Provides SBA Loan to Buy Quiznos Franchise
Need a loan to purchase a Quiznos franchise? California Bank & Trust has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Quiznos franchise shouldn't be too tough. In 2004, California Bank & Trust issued an SBA franchise loan to an entrepreneur in Tucson, Arizona. Because Quiznos was registered with the SBA's registry of franchises, this Arizona small business loan was issued on an expedited basis.
SBA Loan Borrower
QUIZNO'S
TUCSON, AZ 85741
SBA Loan Lender
CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833
This lender provides SBA guaranteed bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
11/17/2004
Loan Approval Gross Amount
$130,000
Loan Approval from the SBA
Of the total $130,000 loan amount, the SBA guaranteed $110,500.
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 10 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 10 existing jobs.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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
Understanding Dilution
SBA 7A Banks for Sacramento, California Loans
California SBA Bank Lenders