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December 22, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Springfield, Business Loans > Liberty Bank Springfield Business Loans > Sears Authorized Retail Dealer Loan | ||||
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Where to Get an SBA Loan to Purchase a Franchise
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Borrow Money to Buy a Sears Catalog Store FranchiseNeed money to invest in a Sears Catalog Store franchise? Liberty Bank has a history of making these loans and they are guaranteed by the SBA. Sears Catalog Store franchise loans are available to Branson West, Missouri entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Liberty Bank, based in Springfield, Missouri, issued an SBA franchise loan for a Sears Catalog Store franchise in 2006. We've got all the details on this Missouri small business loan. SBA Loan Borrower SEARS AUTHORIZED RETAIL DEALER SBA Loan Lender LIBERTY BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide commercial loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 443111 - Household Appliance Stores Loan Approval Date 5/24/2006 Loan Approval Gross Amount $130,000 Loan Approval from the SBA Of the total $130,000 loan amount, the SBA guaranteed $110,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Sears Catalog Store franchise. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. 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. Related Links: Dealing With Venture Capitalists SBA 7A Lenders in Springfield, Missouri Find an SBA Lender in Missouri
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