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May 3, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Henderson, Business Loans > Washington Mutual Bank Henderson Business Loans > Quizno's #2704 Loan | ||||
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Where to Get a Bank Loan to Purchase a Franchise
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Borrow Money to Buy a Quiznos FranchiseBorrowing money to purchase a Quiznos franchise? Washington Mutual Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Quiznos franchise? If so, here's a 2002 SBA franchise loan that you should know about. Washington Mutual Bank was the lender and the entrepreneur was based in Atlanta, Georgia. SBA Loan Borrower QUIZNO'S #2704 SBA Loan Lender WASHINGTON MUTUAL BANK This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 7/19/2002 Loan Approval Gross Amount $113,200 Loan Approval from the SBA Of the total $113,200 loan amount, the SBA guaranteed $96,220. 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 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 7 existing jobs. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $113,200 loan. Remember, feel the fear, and do it anyway. 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 Banks in Henderson, Nevada
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