Borrow Money to Buy a Bounce U Franchise
Borrowing money to purchase a Bounce U franchise? Southwest Bank Of St. Louis has a history of making these loans and they are guaranteed by the SBA.
Bounce U franchise loans are available to Ballwin, Missouri entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Southwest Bank Of St. Louis, based in Saint Louis, Missouri, issued an SBA franchise loan for a Bounce U franchise in 2006. We've got all the details on this Missouri small business loan.
SBA Loan Borrower
BOUNCE U
BALLWIN, MO 63011
SBA Loan Lender
SOUTHWEST BANK OF ST. LOUIS
2301 S KINGSHIGHWAY BLVD
SAINT LOUIS, MO 63110
This debt financing 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.
NAICS Code
713990 - Amusement and Recreation Industries
Loan Approval Date
3/23/2006
Loan Approval Gross Amount
$180,000
Loan Approval from the SBA
Of the total $180,000 loan amount, the SBA guaranteed $90,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Bounce U franchise. At the time of the loan, the company
had 5 employees. The SBA loan application for the borrower indicated that the funding would help create 5 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $180,000 loan. Remember, you control your own destiny.
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:
Bounce U
Find Start-Up Capital
Banks in Saint Louis, Missouri
SBA Participating Banks in Missouri