Missouri Entrepreneur Secures Financing to Buy Stained Glass Overlay Franchise

Need money to buy a Stained Glass Overlay franchise? Exch National Bank - Jefferson City has a history of making these loans and they are guaranteed by the SBA.

If you live near Ashland, Missouri and are interested in buying a Stained Glass Overlay franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by Exch National Bank - Jefferson City. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

STAINED GLASS OVERLAY
ASHLAND, MO 65010

SBA Loan Lender

EXCH NATIONAL BANK - JEFFERSON CITY
132 E HIGH ST
JEFFERSON CITY, MO 65101

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

327215 - Glass Product Manufacturing Made of Purchased Glass

Loan Approval Date

8/2/2004

Loan Approval Gross Amount

$101,500

Loan Approval from the SBA

Of the total $101,500 loan amount, the SBA guaranteed $86,275.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Stained Glass Overlay franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the borrowed money would help create 2 new jobs.

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

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This SBA loan was for $101,500. How would you spend $101,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Stained Glass Overlay

Accountant's Role in Securing Financing

SBA Approved Banks in Jefferson City, Missouri

Missouri SBA 7A Lenders