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December 19, 2024  
 
 
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Where to Get an SBA 7A Loan to Purchase a Franchise

 

 
Loan Census SBA Loan Info

Country Club Bank Provides SBA Loan to Buy Four Seasons Sunrooms Franchise

Need a loan to buy a Four Seasons Sunrooms franchise? Country Club Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Shawnee, Kansas and are interested in buying a Four Seasons Sunrooms franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by Country Club Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

GLASSROOMS OF MIDAMERICA, LLC
SHAWNEE, KS 66203

SBA Loan Lender

COUNTRY CLUB BANK
9400 MISSION RD
SHAWNEE MISSION, KS 66206

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

442299 - Home Furnishings Stores

Loan Approval Date

9/27/2002

Loan Approval Gross Amount

$620,000

Loan Approval from the SBA

Of the total $620,000 loan amount, the SBA guaranteed $465,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Four Seasons Sunrooms franchise. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 6 existing jobs.

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

Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Four Seasons Sunrooms

Obtaining Funding - How to Decide How Much to Raise

SBA Participating Banks in Shawnee Mission, Kansas

SBA Lenders in Kansas