Borrow Money to Buy a Winestyles Franchise
Borrowing money to purchase a Winestyles franchise? Mid-Missouri Bank has a history of making these loans and they are guaranteed by the SBA.
Winestyles franchise loans are available to Springfield, Missouri entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Mid-Missouri Bank, based in Springfield, Missouri, issued an SBA franchise loan for a Winestyles franchise in 2004. We've got all the details on this Missouri small business loan.
SBA Loan Borrower
WINESTYLES
SPRINGFIELD, MO 65804
SBA Loan Lender
MID-MISSOURI BANK
330 W PLAINVIEW, STE K
SPRINGFIELD, MO 65810
This lender issued this particular SBA small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5921 - Liquor Stores
NAICS Code
445310 - Beer, Wine, and Liquor Stores
Loan Approval Date
4/29/2004
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Winestyles franchise. At the time of the loan, the company
had 2 employees. The SBA loan documents did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
This SBA loan was for $150,000. How would you spend $150,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
WineStyles Inc.
Alternative Financing
Banks in Springfield, Missouri
SBA Missouri Lenders