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December 19, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Fairway, Business Loans > Security Bank Of Kansas City Fairway Business Loans > Blimpie's Loan | ||||
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Good Banks for Kansas City Entrepreneurs
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Borrow Money to Buy a Blimpie FranchiseBorrowing money to invest in a Blimpie franchise? Security Bank Of Kansas City has a history of making these loans and they are guaranteed by the SBA. If you live near Kansas City, Missouri and are interested in buying a Blimpie franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by Security Bank Of Kansas City. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower BLIMPIE'S SBA Loan Lender SECURITY BANK OF KANSAS CITY This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 9/16/2002 Loan Approval Gross Amount $60,000 Loan Approval from the SBA Of the total $60,000 loan amount, the SBA guaranteed $51,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Blimpie franchise. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees. 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. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: Advice on Getting a Small Business Loan SBA Approved Banks in Fairway, Kansas
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