Borrow Money to Buy a Social Suppers Franchise

Need money to buy a Social Suppers franchise? Allen Bank And Trust Company has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Social Suppers franchise shouldn't be overly burdensome. In 2006, Allen Bank And Trust Company issued an SBA franchise loan to an entrepreneur in Belton, Missouri. Because Social Suppers was registered with the SBA's registry of franchises, this Missouri small business loan was issued on an expedited basis.

SBA Loan Borrower

SOCIAL SUPPERS
BELTON, MO 64012

SBA Loan Lender

ALLEN BANK AND TRUST COMPANY
202 E N AVE
BELTON, MO 64012

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2099 - Food Preparations

NAICS Code

311991 - Perishable Prepared Food Manufacturing

Loan Approval Date

10/13/2006

Loan Approval Gross Amount

$121,500

Loan Approval from the SBA

Of the total $121,500 loan amount, the SBA guaranteed $103,275.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Social Suppers franchise. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

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 Allen Bank And Trust Company 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.

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