Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Tips for Financing a Franchise

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Joey's Only Franchise

Need money to invest in a Joey's Only franchise? Empire Bank has a history of making these loans and they are guaranteed by the SBA.

Joey's Only franchise loans are available to Springfield, Missouri entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Empire Bank, based in Springfield, Missouri, issued an SBA franchise loan for a Joey's Only franchise in 2002. We've got all the details on this Missouri small business loan.

SBA Loan Borrower

JOEY'S ONLY-ONE L.L.C.
SPRINGFIELD, MO 65810

SBA Loan Lender

EMPIRE BANK
1800 S GLENSTONE
SPRINGFIELD, MO 65804

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This 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

722110 - Full-Service Restaurants

Loan Approval Date

3/22/2002

Loan Approval Gross Amount

$278,200

Loan Approval from the SBA

Of the total $278,200 loan amount, the SBA guaranteed $208,650.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Joey's Only franchise. At the time of the loan, the company had 18 employees. The SBA loan documents did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

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

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:

Joey's Only Seafood Restaurant

Find Start-Up Capital

Good Banks for Small Business in Springfield, Missouri

Missouri SBA 7A Lenders