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November 24, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Sacramento, Business Loans > California Bank & Trust Sacramento Business Loans > Quiznos Loan | ||||
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Where to Get a Small Business Loan to Purchase a Franchise
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California Entrepreneur Secures Financing to Buy Quiznos FranchiseBorrowing money to buy 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 is doable. In 2003, California Bank & Trust issued an SBA franchise loan to an entrepreneur in Visalia, California. Because Quiznos was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis. SBA Loan Borrower QUIZNOS SBA Loan Lender CALIFORNIA BANK & TRUST This lender provides SBA small business 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 8/1/2003 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $37,500. 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 only one employee. The loan application indicated that the borrowed money would help create 20 new jobs. Next Steps for Getting an SBA Loan SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. 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. Related Links: Small Bank Loans in Sacramento, California
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