Borrow Money to Buy a Quik Drop Franchise

Need money to buy a Quik Drop franchise? Hsbc Bank Usa has a history of making these loans and they are guaranteed by the SBA.

Quik Drop franchise loans are available to Coral Springs, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Hsbc Bank Usa, based in Syracuse, New York, issued an SBA franchise loan for a Quik Drop franchise in 2005. We've got all the details on this Florida small business loan.

SBA Loan Borrower

RUBINOFF INC
CORAL SPRINGS, FL 33067

SBA Loan Lender

HSBC BANK USA
360 S WARREN ST
SYRACUSE, NY 13202

This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

452990 - General Merchandise Stores

Loan Approval Date

3/18/2005

Loan Approval Gross Amount

$74,000

Loan Approval from the SBA

Of the total $74,000 loan amount, the SBA guaranteed $37,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Quik Drop franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We've showcased information on this loan to let you know that businesses like yours 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.

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