Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

How to Get SBA Loans in Platte City, Missouri

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Mr. Goodcents Sub' And Pasta Franchise

Need a loan to purchase a Mr. Goodcents Sub' And Pasta franchise? Platte Valley Bank Of Missouri has a history of making these loans and they are guaranteed by the SBA.

If you live near Platte City, Missouri and are interested in buying a Mr. Goodcents Sub' And Pasta franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2001 by Platte Valley Bank Of Missouri. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

MR. GOODCENTS SUBS & PASTAS
PLATTE CITY, MO 64079

SBA Loan Lender

PLATTE VALLEY BANK OF MISSOURI
2400 NW PRAIRIE VIEW RD
PLATTE CITY, MO 64079

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

3/30/2001

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 8 employees. The loan application did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.

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

If you need money to start a business or need money to grow a business, an SBA loan can be a great funding source

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Platte Valley Bank Of Missouri so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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

Advice on Getting a Small Business Loan

Best Platte City, Missouri Banks for Small Business

Getting an SBA Loan in Missouri