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April 30, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Providence, Business Loans > Textron Business Credit, Inc. Providence Business Loans > Quizno's Classic Subs Loan | ||||
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Orlando, Florida Bank Loan
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Loan to Buy Quiznos Franchise Issued By Textron Business Credit, Inc.Need money to purchase a Quiznos franchise? Textron Business Credit, Inc. has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Orlando, Florida needed money to invest in a Quiznos franchise back in 2000. Textron Business Credit, Inc. issued an SBA franchise loan. Here are the details on this Florida small business loan. SBA Loan Borrower QUIZNO'S CLASSIC SUBS SBA Loan Lender TEXTRON BUSINESS CREDIT, INC. This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places Loan Approval Date 1/27/2000 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $112,500. 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 8 employees. The loan application did not indicate that the company promised to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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 7A Banks in Providence, Rhode Island
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