Ballwin, MO Entrepreneur Gets SBA Loan to Buy Rsvp Publications Franchise

Borrowing money to buy a Rsvp Publications franchise? Bank Midwest has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Ballwin, Missouri needed money to invest in a Rsvp Publications franchise back in 2002. Bank Midwest issued an SBA franchise loan. Here are the details on this Missouri small business loan.

SBA Loan Borrower

RSVP ST. LOUIS
BALLWIN, MO 63021

SBA Loan Lender

BANK MIDWEST
15500 OLIVE BLVD
CHESTERFIELD, MO 63017

This was a Low Documentation SBA loan. The SBA started this program to reduce the paperwork associated with appliying for an SBA loan . The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541860 - Direct Mail Advertising

Loan Approval Date

5/30/2002

Loan Approval Gross Amount

$140,000

Loan Approval from the SBA

Of the total $140,000 loan amount, the SBA guaranteed $119,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Rsvp Publications franchise. At the time of the loan, the company had only one employee. The loan application 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 provide money to small business owners for working capital for other expenses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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.

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