Lees Summit, MO Entrepreneur Gets SBA Loan to Buy Culver's Frozen Custard Franchise
Need money to buy a Culver's Frozen Custard franchise? Summit Bank Of Kansas City has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Culver's Frozen Custard franchise? If so, here's a 2007 SBA franchise loan that you should know about. Summit Bank Of Kansas City was the lender and the entrepreneur was based in Lees Summit, Missouri.
SBA Loan Borrower
AMAZN RESTAURANT COMPANY, L.L.C.
LEES SUMMIT, MO 64086
SBA Loan Lender
SUMMIT BANK OF KANSAS CITY
1650 NE GRAND, STE 100
LEE'S SUMMIT, MO 64086
This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
10/12/2007
Loan Approval Gross Amount
$540,000
Loan Approval from the SBA
Of the total $540,000 loan amount, the SBA guaranteed $405,000.
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 no employees. The loan application indicated that the loan would help generate 70 new jobs.
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SBA loans provide smart, affordable business financing for small businesses looking to expand.
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:
Culver's
Angel Investors
SBA Approved Banks in Lee's Summit, Missouri
SBA Participating Banks in Missouri