Loan Census Banking News and Information
November 14, 2024  
 
 
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I Need a Loan to Buy a Franchise in Overland Park, Kansas

 

 
Loan Census SBA Loan Info

Loan to Buy Mr. Goodcents Sub' And Pasta Franchise Issued By Bank Of Blue Valley

Need money to invest in a Mr. Goodcents Sub' And Pasta franchise? Bank Of Blue Valley 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 2002 SBA franchise loan that you should know about. Bank Of Blue Valley was the lender and the entrepreneur was based in Overland Park, Kansas.

SBA Loan Borrower

MR GOODCENTS SUBS & PASTAS
OVERLAND PARK, KS 66214

SBA Loan Lender

BANK OF BLUE VALLEY
11935 RILEY ST
OVERLAND PARK, KS 66213

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

10/22/2002

Loan Approval Gross Amount

$135,000

Loan Approval from the SBA

Of the total $135,000 loan amount, the SBA guaranteed $114,750.

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 15 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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

Banking Deregulation's Effects on Entrepreneurship

SBA 7A Lenders in Overland Park, Kansas

SBA Participating Banks in Kansas