Borrow Money to Buy a Culver's Frozen Custard Franchise

Need a loan to invest in a Culver's Frozen Custard franchise? Landmark 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 Culver's Frozen Custard franchise back in 2001. Landmark National Bank issued an SBA franchise loan. Here are the details on this Kansas small business loan.

SBA Loan Borrower

CULVER'S OF LAWRENCE, KS
LAWRENCE, KS 66047

SBA Loan Lender

LANDMARK NATIONAL BANK
6100 SW 21ST ST
TOPEKA, KS 66667

This commercial 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

12/14/2001

Loan Approval Gross Amount

$143,000

Loan Approval from the SBA

Of the total $143,000 loan amount, the SBA guaranteed $121,550.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Culver's Frozen Custard franchise. At the time of the loan, the company had 30 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We can help you find the best banks for small businesses in Lawrence or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Culver's

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SBA Participating Banks in Topeka, Kansas

Getting a Business Loan in Kansas