Borrow Money to Buy a Mcalister's Gourmet Deli Franchise

Borrowing money to buy a Mcalister's Gourmet Deli franchise? Mid-Missouri Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Mcalister's Gourmet Deli franchise shouldn't be too tough. In 2006, Mid-Missouri Bank issued an SBA franchise loan to an entrepreneur in Springfield, Missouri. Because Mcalister's Gourmet Deli was registered with the SBA's registry of franchises, this Missouri small business loan was issued on an expedited basis.

SBA Loan Borrower

MCALISTER'S DELI
SPRINGFIELD, MO 65807

SBA Loan Lender

MID-MISSOURI BANK
330 W PLAINVIEW, STE K
SPRINGFIELD, MO 65810

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

11/6/2006

Loan Approval Gross Amount

$470,000

Loan Approval from the SBA

Of the total $470,000 loan amount, the SBA guaranteed $352,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Mcalister's Gourmet Deli franchise. At the time of the loan, the company had 40 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

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

If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great source of funding.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Mid-Missouri Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

McAlister's Deli

Small Business Credit Cards

SBA 7A Banks for Springfield, Missouri Loans

Getting an SBA Loan in Missouri