Loan to Buy Chartroose Caboose Franchise Issued By National Bank Of Kansas City

Borrowing money to purchase a Chartroose Caboose franchise? National Bank Of Kansas City has a history of making these loans and they are guaranteed by the SBA.

If you live near Overland Park, Kansas and are interested in buying a Chartroose Caboose franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by National Bank Of Kansas City. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

CHARTROOSE CABOOSE
OVERLAND PARK, KS 66212

SBA Loan Lender

NATIONAL BANK OF KANSAS CITY
10700 NALL AVE
OVERLAND PARK, KS 66211

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

722211 - Limited-Service Restaurants

Loan Approval Date

10/6/2004

Loan Approval Gross Amount

$138,000

Loan Approval from the SBA

Of the total $138,000 loan amount, the SBA guaranteed $117,300.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Chartroose Caboose franchise. At the time of the loan, the company had 8 employees. The SBA loan application for the borrower indicated that the loan would help create 8 new jobs.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from National Bank Of Kansas City so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Advice on Getting a Small Business Loan

Banks in Overland Park, Kansas

Where to Get an SBA Loan Kansas