Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

How Can I Buy a Franchise in Ozark, Missouri?

 

 
Loan Census SBA Loan Info

First Western Sblc, Inc Provides SBA Loan to Buy Comfort Inn Franchise

Need money to purchase a Comfort Inn franchise? First Western Sblc, Inc has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Comfort Inn franchise? If so, here's a 2004 SBA franchise loan that you should know about. First Western Sblc, Inc was the lender and the entrepreneur was based in Ozark, Missouri.

SBA Loan Borrower

COMFORT INN
OZARK, MO 65721

SBA Loan Lender

FIRST WESTERN SBLC, INC
17950 PRESTON RD, STE 600,
DALLAS, TX 75252

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7011 - Hotels and Motels

NAICS Code

721110 - Hotels and Motels

Loan Approval Date

8/31/2004

Loan Approval Gross Amount

$1,139,000

Loan Approval from the SBA

Of the total $1,139,000 loan amount, the SBA guaranteed $854,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Comfort Inn franchise. At the time of the loan, the company had 10 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

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

If you need business start up money in Ozark MO, you ought to talk with a local Ozark SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Ozark businesses.

This SBA loan was for $1,139,000. How would you spend $1,139,000 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:

Obtaining Funding - How to Decide How Much to Raise

SBA 7A Lenders in Dallas, Texas

Getting a Business Loan in Texas