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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 Subs Loan | ||||
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How to Get SBA Loans in Puyallup, Washington
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Bank Of The West Provides SBA Loan to Buy Quiznos FranchiseBorrowing money to purchase a Quiznos franchise? Bank Of The West has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Puyallup, Washington needed money to invest in a Quiznos franchise back in 2005. Bank Of The West issued an SBA franchise loan. Here are the details on this Washington small business loan. SBA Loan Borrower QUIZNO'S SUBS SBA Loan Lender BANK OF THE WEST Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 3/3/2005 Loan Approval Gross Amount $149,300 Loan Approval from the SBA Of the total $149,300 loan amount, the SBA guaranteed $126,905. 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 12 employees. The loan application indicated that the loan would help generate 12 new jobs and retain 24 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Of The West and they will explain how you can get an SBA loan for your company. 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: Good Banks for Small Business in Truckee, California
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