Missouri Entrepreneur Secures Financing to Buy C.D. Warehouse Franchise
Borrowing money to buy a C.D. Warehouse franchise? Mid-Missouri Bank has a history of making these loans and they are guaranteed by the SBA.
If you live near Lebanon, Missouri and are interested in buying a C.D. Warehouse franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by Mid-Missouri Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
CD WAREHOUSE
LEBANON, MO 65536
SBA Loan Lender
MID-MISSOURI BANK
330 W PLAINVIEW, STE K
SPRINGFIELD, MO 65810
This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
451220 - Prerecorded Tape, Compact Disc, and Record Stores
Loan Approval Date
11/22/2006
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $10,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a C.D. Warehouse franchise. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
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 $20,000 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.
Related Links:
Equity Financing
SBA Participating Banks in Springfield, Missouri
Missouri SBA 7A Lenders