Blue Springs, MO Entrepreneur Gets SBA Loan to Buy Meineke Discount Muffler Franchise

Need a loan to invest in a Meineke Discount Muffler franchise? Country Club Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Blue Springs, Missouri and are interested in buying a Meineke Discount Muffler franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 by Country Club Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

MEINEKE CAR CARE CENTER
BLUE SPRINGS, MO 64015

SBA Loan Lender

COUNTRY CLUB BANK
9400 MISSION RD
SHAWNEE MISSION, KS 66206

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

811111 - General Automotive Repair

Loan Approval Date

10/30/2003

Loan Approval Gross Amount

$170,500

Loan Approval from the SBA

Of the total $170,500 loan amount, the SBA guaranteed $127,875.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Meineke Discount Muffler franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a company in Blue Springs MO, you ought to talk with a local Blue Springs SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Blue Springs businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Country Club Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Country Club Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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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