Ohio Entrepreneur Secures Financing to Buy Quiznos Franchise

Need a loan to buy a Quiznos franchise? Liberty Savings Bank, F.S.B. has a history of making these loans and they are guaranteed by the SBA.

Quiznos franchise loans are available to Wilmington, Ohio entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Liberty Savings Bank, F.S.B., based in Wilmington, Ohio, issued an SBA franchise loan for a Quiznos franchise in 2006. We've got all the details on this Ohio small business loan.

SBA Loan Borrower

QUIZNO'S FRANCHISE LLC
WILMINGTON, OH 45177

SBA Loan Lender

LIBERTY SAVINGS BANK, F.S.B.
2251 ROMBACH AVE
WILMINGTON, OH 45177

This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

6/19/2006

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $75,000.

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 15 employees. The loan application indicated that the borrowed money would help create 15 new jobs.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

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.

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