Kansas Entrepreneur Secures Financing to Buy Mr. Goodcents Sub' And Pasta Franchise

Need a loan to buy a Mr. Goodcents Sub' And Pasta franchise? 1st National Bank - Ola has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Mr. Goodcents Sub' And Pasta franchise? If so, here's a 2006 SBA franchise loan that you should know about. 1st National Bank - Ola was the lender and the entrepreneur was based in Olathe, Kansas.

SBA Loan Borrower

MR GOODCENTS SUBS AND PASTA
OLATHE, KS 66062

SBA Loan Lender

1ST NATIONAL BANK - OLA
444 E SANTA FE
OLATHE, KS 66061

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

722211 - Limited-Service Restaurants

Loan Approval Date

8/10/2006

Loan Approval Gross Amount

$65,000

Loan Approval from the SBA

Of the total $65,000 loan amount, the SBA guaranteed $32,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Mr. Goodcents Sub' And Pasta franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 7 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Olathe KS, you ought to talk with a local Olathe SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Olathe businesses.

We can help you find the best banks for small businesses in Olathe 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:

Mr. Goodcents Subs & Pastas

How Much Venture Capital Is There?

Small Business Banks in Olathe, Kansas

Browse All Business Loan Sources for Kansas