Chesterfield, MO Entrepreneur Gets SBA Loan to Buy The Hat Zone Franchise

Borrowing money to invest in a Hat Zone franchise? Regions Bank has a history of making these loans and they are guaranteed by the SBA.

The Hat Zone franchise loans are available to Chesterfield, Missouri entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Regions Bank, based in Memphis, Tennessee, issued an SBA franchise loan for a The Hat Zone franchise in 2001. We've got all the details on this Missouri small business loan.

SBA Loan Borrower

C&B HATS ENTERPIRSES, INC.
CHESTERFIELD, MO 63017

SBA Loan Lender

REGIONS BANK
6200 POPLAR AVE
MEMPHIS, TN 38119

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

453998 - Store Retailers

Loan Approval Date

9/5/2001

Loan Approval Gross Amount

$131,300

Loan Approval from the SBA

Of the total $131,300 loan amount, the SBA guaranteed $111,605.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a The Hat Zone franchise. At the time of the loan, the company had 6 employees. The loan application did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.

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

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

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $131,300 loan. Remember, anyone can do it... so why not you?

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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