Loan to Buy Quizno's Subs Franchise Issued By Associated Bank

Need a loan to buy a Quizno's Subs franchise? Associated Bank has a history of making these loans and they are guaranteed by the SBA.

Quizno's Subs franchise loans are available to Rockford, Illinois entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Associated Bank, based in Green Bay, Wisconsin, issued an SBA franchise loan for a Quizno's Subs franchise in 2007. We've got all the details on this Illinois small business loan.

SBA Loan Borrower

DAVID N. SOOLEY
Rockford, IL 61109

SBA Loan Lender

ASSOCIATED BANK
200 N ADAMS ST
GREEN BAY, WI 54301

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

5/15/2007

Loan Approval Gross Amount

$91,300

Loan Approval from the SBA

Of the total $91,300 loan amount, the SBA guaranteed $45,650.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Quizno's Subs franchise. At the time of the loan, the company had 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

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 Associated 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 - Friends and Family

Small Business Banks in Green Bay, Wisconsin

Find an SBA Lender in Wisconsin