Loan to Buy Fastsigns Franchise Issued By Metcalf Bank

Borrowing money to buy a Fastsigns franchise? Metcalf Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Fastsigns franchise? If so, here's a 2002 SBA franchise loan that you should know about. Metcalf Bank was the lender and the entrepreneur was based in Kansas City, Missouri.

SBA Loan Borrower

OLATHE SIGNS INC
KANSAS CITY, MO 64131

SBA Loan Lender

METCALF BANK
7840 METCALF ST
OVERLAND PARK, KS 66204

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

339950 - Sign Manufacturing

Loan Approval Date

9/25/2002

Loan Approval Gross Amount

$120,000

Loan Approval from the SBA

Of the total $120,000 loan amount, the SBA guaranteed $102,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Fastsigns franchise. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.

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