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May 5, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Truckee, Business Loans > Bank Of The West Truckee Business Loans > Quizno's Classic Subs Loan | ||||
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SBA 7A Banks in Washington
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Washington Entrepreneur Secures Financing to Buy Quiznos FranchiseNeed money to buy a Quiznos franchise? Bank Of The West has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Kirkland, Washington needed money to invest in a Quiznos franchise back in 2003. Bank Of The West issued an SBA franchise loan. Here are the details on this Washington small business loan. SBA Loan Borrower QUIZNO'S CLASSIC SUBS SBA Loan Lender BANK OF THE WEST As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 8/22/2003 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. 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 2 employees. This SBA loan request indicated that the loan would help generate 12 new jobs and retain 14 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Best Truckee, California Banks for Small Business Getting a Business Loan in California
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