Countryside Bank Provides SBA Loan to Buy Sunshine Pack & Ship Franchise
Need a loan to invest in a Sunshine Pack & Ship franchise? Countryside Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Springfield, Missouri needed money to invest in a Sunshine Pack & Ship franchise back in 2003. Countryside Bank issued an SBA franchise loan. Here are the details on this Missouri small business loan.
SBA Loan Borrower
SUNSHINE PACK-N-SHIP
SPRINGFIELD, MO 65804
SBA Loan Lender
COUNTRYSIDE BANK
520 E ELM ST
REPUBLIC, MO 65738
This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5961 - Catalog and Mail-Order Houses
NAICS Code
454112 - Electronic Auctions
Loan Approval Date
4/30/2003
Loan Approval Gross Amount
$75,000
Loan Approval from the SBA
Of the total $75,000 loan amount, the SBA guaranteed $63,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Sunshine Pack & Ship franchise. At the time of the loan, the company
had 2 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
We can help you find the best banks for small businesses in Springfield or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Sunshine Pack and Ship
Realistic Debt Financing Options
SBA 7A Banks in Republic, Missouri
SBA Missouri Lenders