Loan Census Banking News and Information
April 28, 2024  
 
 
  Business Loan Information  
 

San Bernardino, California Bank Loan

 

 
Loan Census SBA Loan Info

San Bernardino, CA Entrepreneur Gets SBA Loan to Buy Quizno's Subs Franchise

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

Getting money to buy a Quizno's Subs franchise shouldn't be too tough. In 2006, Bank Of America issued an SBA franchise loan to an entrepreneur in San Bernardino, California. Because Quizno's Subs was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

QUIZNO'S SUB
SAN BERNARDINO, CA 92408

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

11/27/2006

Loan Approval Gross Amount

$5,000

Loan Approval from the SBA

Of the total $5,000 loan amount, the SBA guaranteed $2,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Quizno's Subs franchise. At the time of the loan, the company had 15 employees. The loan application indicated that the loan would help retain 15 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Direct Public Offerings

Best Charlotte, North Carolina Banks for Small Business

Find an SBA Lender in North Carolina