Borrow Money to Buy a Comfort Keepers Franchise
Borrowing money to buy a Comfort Keepers franchise? Central National Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Lawrence, Kansas needed money to invest in a Comfort Keepers franchise back in 2005. Central National Bank issued an SBA franchise loan. Here are the details on this Kansas small business loan.
SBA Loan Borrower
COMFORT KEEPERS
LAWRENCE, KS 66044
SBA Loan Lender
CENTRAL NATIONAL BANK
802 N WASHINGTON ST
JUNCTION CITY, KS 66441
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
812199 - Personal Care Services
Loan Approval Date
5/10/2005
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Comfort Keepers franchise. At the time of the loan, the company
had 55 employees. This SBA loan request did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
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 $50,000 loan. Remember, fight for what you want, and it will be yours!
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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