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May 17, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Schertz, Business Loans > Schertz Bank & Trust Schertz Business Loans > Quizno's Subs Loan | ||||
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Where to Get an SBA Loan to Purchase a Franchise
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Schertz Bank & Trust Provides SBA Loan to Buy Quiznos FranchiseNeed money to buy a Quiznos franchise? Schertz Bank & Trust has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Quiznos franchise shouldn't be overly burdensome. In 2005, Schertz Bank & Trust issued an SBA franchise loan to an entrepreneur in Schertz, Texas. Because Quiznos was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis. SBA Loan Borrower QUIZNO'S SUBS SBA Loan Lender SCHERTZ BANK & TRUST This SBA loan was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 711110 - Theater Companies and Dinner Theaters Loan Approval Date 5/27/2005 Loan Approval Gross Amount $165,000 Loan Approval from the SBA Of the total $165,000 loan amount, the SBA guaranteed $123,750. 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 only one employee. The SBA loan documents did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. We can help you find the best banks for small businesses in Schertz or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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 From a Venture Capitalist
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