United Bank Of Kansas Provides SBA Loan to Buy Signs By Tomorrow Franchise
Need money to invest in a Signs By Tomorrow franchise? United Bank Of Kansas has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Signs By Tomorrow franchise shouldn't be overly burdensome. In 2005, United Bank Of Kansas issued an SBA franchise loan to an entrepreneur in Overland Park, Kansas. Because Signs By Tomorrow was registered with the SBA's registry of franchises, this Kansas small business loan was issued on an expedited basis.
SBA Loan Borrower
SIGNS BY TOMORROW
OVERLAND PARK, KS 66212
SBA Loan Lender
UNITED BANK OF KANSAS
239 WHITING ST
WHITING, KS 66552
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
323110 - Commercial Lithographic Printing
Loan Approval Date
10/28/2005
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Signs By Tomorrow franchise. At the time of the loan, the company
had 4 employees. The loan application indicated that the loan would help generate 1 new job and retain 5 existing jobs.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
This SBA loan was for $50,000. How would you spend $50,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Signs By Tomorrow
Angel Investors
Good Banks for Small Business in Whiting, Kansas
Where to Get an SBA Loan Kansas