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November 21, 2024  
 
 
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I Need a Loan to Buy a Franchise in Overland Park, Kansas

 

 
Loan Census SBA Loan Info

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

Borrowing money to purchase 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
OVERLAND PARK, KS 66212

SBA Loan Lender

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

This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

5/22/2002

Loan Approval Gross Amount

$110,000

Loan Approval from the SBA

Of the total $110,000 loan amount, the SBA guaranteed $93,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 loan application did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

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

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $110,000 loan. Remember, things become real when you believe you can achieve them!

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

Famous Venture Capitalists

Small Business Banks in Overland Park, Kansas

Find an SBA Lender in Kansas