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November 15, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Kansas City, Business Loans > Bank Midwest Kansas City Business Loans > Lamberton Decor Loan | ||||
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Kirkwood, Missouri Bank for SBA Loans
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Missouri Entrepreneur Secures Financing to Buy V2k Window Fashions FranchiseNeed a loan to invest in a V2k Window Fashions franchise? Bank Midwest has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Kirkwood, Missouri needed money to invest in a V2k Window Fashions franchise back in 2003. Bank Midwest issued an SBA franchise loan. Here are the details on this Missouri small business loan. SBA Loan Borrower LAMBERTON DECOR SBA Loan Lender BANK MIDWEST This was a Low Documentation SBA loan. The SBA started this program to minimize the paperwork associated with appliying for an SBA loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 442291 - Window Treatment Stores Loan Approval Date 12/31/2003 Loan Approval Gross Amount $55,000 Loan Approval from the SBA Of the total $55,000 loan amount, the SBA guaranteed $46,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a V2k Window Fashions franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. We've showcased information on this loan to let you know that businesses like yours 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: Obtaining Funding - Getting Venture Capital Banks in Kansas City, Missouri
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