Platte Valley Bank Of Missouri Provides SBA Loan to Buy Social Suppers Franchise

Need a loan to invest in a Social Suppers franchise? Platte Valley Bank Of Missouri has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Prairie Village, Kansas needed money to invest in a Social Suppers franchise back in 2005. Platte Valley Bank Of Missouri issued an SBA franchise loan. Here are the details on this Kansas small business loan.

SBA Loan Borrower

SOCIAL SUPPERS
PRAIRIE VILLAGE, KS 66204

SBA Loan Lender

PLATTE VALLEY BANK OF MISSOURI
8401 NW HWY 45
PARKVILLE, MO 64152

This SBA small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2099 - Food Preparations

NAICS Code

311991 - Perishable Prepared Food Manufacturing

Loan Approval Date

12/22/2005

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $68,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Social Suppers franchise. At the time of the loan, the company had 5 employees. The SBA loan documents did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Platte Valley Bank Of Missouri had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Platte Valley Bank Of Missouri made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Microlending as a Small Business Funding Source

SBA 7A Banks for Parkville, Missouri Loans

Getting a Business Loan in Missouri