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

Matthews, North Carolina Bank Loan

 

 
Loan Census SBA Loan Info

Business Lenders, LLC Provides SBA Loan to Buy Quiznos Franchise

Borrowing money to buy a Quiznos franchise? Business Lenders, LLC 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 2007 SBA franchise loan that you should know about. Business Lenders, LLC was the lender and the entrepreneur was based in Matthews, North Carolina.

SBA Loan Borrower

AZUHN LLC.
MATTHEWS, NC 28105

SBA Loan Lender

BUSINESS LENDERS, LLC
50 STATE HOUSE SQUARE 5TH FL
HARTFORD, CT 06103

This lender provides SBA debt financing 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

1/4/2007

Loan Approval Gross Amount

$160,000

Loan Approval from the SBA

Of the total $160,000 loan amount, the SBA guaranteed $120,000.

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 loan application indicated that the loan would help retain 3 existing jobs.

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

If you are working on finding money to start a business in Matthews NC, you ought to talk with a local Matthews SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Matthews businesses.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

Related Links:

Quiznos Sub

Small Business Loan

Where to Get an SBA Loan in Hartford, Connecticut

Connecticut SBA Bank Lenders