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November 21, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Wausau, Business Loans > Peoples State Bank Wausau Business Loans > Quizno's Classic Subs Loan | ||||
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Wausau, Wisconsin Bank Loan
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Wausau, WI Entrepreneur Gets SBA Loan to Buy Quiznos FranchiseNeed money to purchase a Quiznos franchise? Peoples State Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Wausau, Wisconsin needed money to invest in a Quiznos franchise back in 2001. Peoples State Bank issued an SBA franchise loan. Here are the details on this Wisconsin small business loan. SBA Loan Borrower QUIZNO'S CLASSIC SUBS SBA Loan Lender PEOPLES STATE BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 8/14/2001 Loan Approval Gross Amount $102,000 Loan Approval from the SBA Of the total $102,000 loan amount, the SBA guaranteed $86,700. 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 14 employees. The loan application did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $102,000 loan. Remember, where there is a will, there is a way! 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: SBA Participating Banks in Wausau, Wisconsin Getting an SBA Loan in Wisconsin
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