Missouri Entrepreneur Secures Financing to Buy Certa Propainters Franchise

Need money to invest in a Certa Propainters franchise? Bank Of Blue Valley has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Certa Propainters franchise shouldn't be too tough. In 2002, Bank Of Blue Valley issued an SBA franchise loan to an entrepreneur in Blue Springs, Missouri. Because Certa Propainters was registered with the SBA's registry of franchises, this Missouri small business loan was issued on an expedited basis.

SBA Loan Borrower

CERTA PROPAINTERS
BLUE SPRINGS, MO 64014

SBA Loan Lender

BANK OF BLUE VALLEY
11935 RILEY ST
OVERLAND PARK, KS 66213

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

235210 - Painting and Wall Covering

Loan Approval Date

11/15/2002

Loan Approval Gross Amount

$82,700

Loan Approval from the SBA

Of the total $82,700 loan amount, the SBA guaranteed $70,295.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Certa Propainters franchise. At the time of the loan, the company had 7 employees. The SBA loan documents did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

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

If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

CertaPro Painters

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