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November 14, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > San Francisco, Business Loans > Bank Of The West San Francisco Business Loans > Classic Subs Of Royal Palm Bea Loan | ||||
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Florida Small Business Funding for Franchises
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Borrow Money to Buy a Quiznos FranchiseNeed a loan to invest in a Quiznos franchise? Bank Of The West has a history of making these loans and they are guaranteed by the SBA. If you live near Wellington, Florida and are interested in buying a Quiznos franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by Bank Of The West. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower CLASSIC SUBS OF ROYAL PALM BEA SBA Loan Lender BANK OF THE WEST As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 4/9/2002 Loan Approval Gross Amount $140,000 Loan Approval from the SBA Of the total $140,000 loan amount, the SBA guaranteed $119,000. 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 SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 1 existing job. Start the Process for Getting an SBA Loan Today! If you are working on finding money to start a business in Wellington FL, you ought to talk with a local Wellington SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Wellington businesses. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Bank Of The West and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: Best San Francisco, California Banks for Small Business
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