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December 18, 2024 |
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| Home > Small Business Lenders by State > Wyoming Business Loan Sources > Los Angeles, Business Loans > Mirae Bank Los Angeles Business Loans > Kbok, Inc. Dba. Royal Super 8 Motel Loan | ||||
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SBA 7A Banks for Laramie, Wyoming Small Business Owners
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Borrow Money to Buy a Super 8 Motel FranchiseNeed a loan to invest in a Super 8 Motel franchise? Mirae Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Super 8 Motel franchise shouldn't be too tough. In 2006, Mirae Bank issued an SBA franchise loan to an entrepreneur in Laramie, Wyoming. Because Super 8 Motel was registered with the SBA's registry of franchises, this Wyoming small business loan was issued on an expedited basis. SBA Loan Borrower KBOK, INC. DBA. ROYAL SUPER 8 MOTEL SBA Loan Lender MIRAE BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 721110 - Hotels and Motels Loan Approval Date 12/13/2006 Loan Approval Gross Amount $1,515,000 Loan Approval from the SBA Of the total $1,515,000 loan amount, the SBA guaranteed $1,136,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Super 8 Motel franchise. At the time of the loan, the company had 9 employees. The SBA loan application for the borrower indicated that the loan would help retain 9 existing jobs. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. 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: How Much Venture Capital Is There? Good Banks for Small Business in Los Angeles, California
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