Kansas Entrepreneur Secures Financing to Buy Pump It Up Franchise

Borrowing money to buy a Pump It Up franchise? Missouri Bank & Trust Co. has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Overland Park, Kansas needed money to invest in a Pump It Up franchise back in 2005. Missouri Bank & Trust Co. issued an SBA franchise loan. Here are the details on this Kansas small business loan.

SBA Loan Borrower

PUMP IT UP
OVERLAND PARK, KS 66213

SBA Loan Lender

MISSOURI BANK & TRUST CO.
1044 MAIN ST
KANSAS CITY, MO 64105

This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

713120 - Amusement Arcades

Loan Approval Date

5/12/2005

Loan Approval Gross Amount

$45,000

Loan Approval from the SBA

Of the total $45,000 loan amount, the SBA guaranteed $22,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Pump It Up franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the borrowed money would help create 20 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

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