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April 28, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Woodstock, Business Loans > Community W. Bank Woodstock Business Loans > Quizno's Classic Subs Loan | ||||
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Good Sources for Charlotte SBA Loans
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Charlotte, NC Entrepreneur Gets SBA Loan to Buy Quiznos FranchiseBorrowing money to purchase a Quiznos franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Charlotte, North Carolina needed money to invest in a Quiznos franchise back in 2000. Community W. Bank issued an SBA franchise loan. Here are the details on this North Carolina small business loan. SBA Loan Borrower QUIZNO'S CLASSIC SUBS SBA Loan Lender COMMUNITY W. BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places Loan Approval Date 2/17/2000 Loan Approval Gross Amount $280,000 Loan Approval from the SBA Of the total $280,000 loan amount, the SBA guaranteed $210,000. More Information on This SBA Loan The borrower borrowed this money for an existing 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 did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Community W. Bank and they will explain how you can get an SBA loan for your company. 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: Obtaining Funding - How to Decide How Much to Raise SBA 7A Lenders in Woodstock, Georgia
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