Loan to Buy Kwik Kar Oil & Lube Franchise Issued By Exch National Bank - Jefferson City

Borrowing money to invest in a Kwik Kar Oil & Lube franchise? Exch National Bank - Jefferson City has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Jefferson City, Missouri needed money to invest in a Kwik Kar Oil & Lube franchise back in 2003. Exch National Bank - Jefferson City issued an SBA franchise loan. Here are the details on this Missouri small business loan.

SBA Loan Borrower

KWIK KAR LUBE AND TUNE
JEFFERSON CITY, MO 65109

SBA Loan Lender

EXCH NATIONAL BANK - JEFFERSON CITY
132 E HIGH ST
JEFFERSON CITY, MO 65101

This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811191 - Automotive Oil Change and Lubrication Shops

Loan Approval Date

7/25/2003

Loan Approval Gross Amount

$330,000

Loan Approval from the SBA

Of the total $330,000 loan amount, the SBA guaranteed $237,600.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Kwik Kar Oil & Lube franchise. At the time of the loan, the company had 8 employees. The SBA loan documents indicated that the loan would help retain 8 existing jobs.

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

Many small businesses receive loans backed by the U.S. Small Business Administration.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Exch National Bank - Jefferson City are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for 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.

Related Links:

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