Kansas Entrepreneur Secures Financing to Buy Mr. Goodcents Sub' And Pasta Franchise
Need money to buy a Mr. Goodcents Sub' And Pasta franchise? M&i Marshall & Ilsley Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Shawnee, Kansas needed money to invest in a Mr. Goodcents Sub' And Pasta franchise back in 2003. M&i Marshall & Ilsley Bank issued an SBA franchise loan. Here are the details on this Kansas small business loan.
SBA Loan Borrower
MR. GOODCENTS SUBS & PASTAS
SHAWNEE, KS 66216
SBA Loan Lender
M&I MARSHALL & ILSLEY BANK
11301 NALL AVE
LEAWOOD, KS 66211
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
2/10/2003
Loan Approval Gross Amount
$145,000
Loan Approval from the SBA
Of the total $145,000 loan amount, the SBA guaranteed $123,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Mr. Goodcents Sub' And Pasta franchise. At the time of the loan, the company
had 35 employees. This SBA loan request did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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.
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