Ncb, Fsb Provides SBA Loan to Buy Qdoba Mexican Grill Franchise

Need a loan to purchase a Qdoba Mexican Grill franchise? Ncb, Fsb has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Qdoba Mexican Grill franchise requires some effort but others before you have been successful. In 2007, Ncb, Fsb issued an SBA franchise loan to an entrepreneur in Washington, District of Columbia. Because Qdoba Mexican Grill was registered with the SBA's registry of franchises, this District of Columbia small business loan was issued on an expedited basis.

SBA Loan Borrower

Q DOBA MEXICAN GRILL
WASHINGTON, DC 20007

SBA Loan Lender

NCB, FSB
139 S HIGH ST
HILLSBORO, OH 45133

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

10/12/2007

Loan Approval Gross Amount

$520,000

Loan Approval from the SBA

Of the total $520,000 loan amount, the SBA guaranteed $390,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Qdoba Mexican Grill franchise. At the time of the loan, the company had 20 employees. This SBA loan request indicated that the loan would help generate 20 new jobs and retain 20 existing jobs.

Getting an SBA Loan For Your Business

If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Ncb, Fsb that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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