Mission, KS Entrepreneur Gets SBA Loan to Buy Handyman Connection Franchise

Borrowing money to buy a Handyman Connection franchise? Pony Express Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Handyman Connection franchise? If so, here's a 2005 SBA franchise loan that you should know about. Pony Express Bank was the lender and the entrepreneur was based in Mission, Kansas.

SBA Loan Borrower

HANDYMAN CONNECTION
MISSION, KS 66202

SBA Loan Lender

PONY EXPRESS BANK
215 N 291 HWY
LIBERTY, MO 64068

This lender issued this debt financing under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1321 - Natural Gas Liquids

NAICS Code

236118 - Residential Remodelers

Loan Approval Date

11/21/2005

Loan Approval Gross Amount

$320,000

Loan Approval from the SBA

Of the total $320,000 loan amount, the SBA guaranteed $240,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Handyman Connection franchise. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

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.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Handyman Connection

Microlending as a Small Business Funding Source

SBA 7A Banks in Liberty, Missouri

Missouri SBA Bank Lenders