Borrow Money to Buy a Subs & Pastas Franchise
Need money to purchase a Subs & Pastas franchise? Midwest Bankcentre has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Subs & Pastas franchise? If so, here's a 2000 SBA franchise loan that you should know about. Midwest Bankcentre was the lender and the entrepreneur was based in Affton, Missouri.
SBA Loan Borrower
MR GOODCENTS
AFFTON, MO 63125
SBA Loan Lender
MIDWEST BANKCENTRE
2191 LEMAY FERRY RD
SAINT LOUIS, MO 63125
This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
SIC Code
5812 - Eating Places
Loan Approval Date
6/16/2000
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $10,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Subs & Pastas franchise. At the time of the loan, the company
had 15 employees. This SBA loan request indicated that the loan would help generate 15 new jobs and retain 15 existing jobs.
Getting an SBA Loan For Your Business
If you are working on finding money to start a business in Affton MO, you ought to talk with a local Affton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Affton businesses.
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 Midwest Bankcentre 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:
VC Firms on Twitter
Small Bank Loans in Saint Louis, Missouri
Getting a Business Loan in Missouri