Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

I Need a Business Loan to Buy a Franchise in Washington, District of Columbia

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Qdoba Mexican Grill Franchise

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

If you live near Washington, District of Columbia and are interested in buying a Qdoba Mexican Grill franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by Ncb, Fsb. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

QDOBA MEXICAN GRILL
WASHINGTON, DC 20036

SBA Loan Lender

NCB, FSB
139 S HIGH ST
HILLSBORO, OH 45133

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

7/31/2006

Loan Approval Gross Amount

$860,000

Loan Approval from the SBA

Of the total $860,000 loan amount, the SBA guaranteed $645,000.

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 26 employees. The SBA loan application for the borrower indicated that the loan would help generate 24 new jobs and retain 2 existing jobs.

Getting an SBA Loan For Your Business

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Qdoba Mexican Grill

Determining Proper Capital Structure for a Business

Good Banks for Small Business in Hillsboro, Ohio

SBA Participating Banks in Ohio