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April 19, 2024  
 
 
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Loan Census SBA Loan Info

Paradise, CA Entrepreneur Gets SBA Loan to Buy Quiznos Franchise

Borrowing money to invest in a Quiznos franchise? Butte Community Bank has a history of making these loans and they are guaranteed by the SBA.

Quiznos franchise loans are available to Paradise, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Butte Community Bank, based in Oroville, California, issued an SBA franchise loan for a Quiznos franchise in 2004. We've got all the details on this California small business loan.

SBA Loan Borrower

QUIZNO'S SUB
PARADISE, CA 95969

SBA Loan Lender

BUTTE COMMUNITY BANK
2227 MYERS ST
OROVILLE, CA 95965

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

11/23/2004

Loan Approval Gross Amount

$118,700

Loan Approval from the SBA

Of the total $118,700 loan amount, the SBA guaranteed $100,895.

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 documents indicated that the loan would help generate 15 new jobs and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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