Borrow Money to Buy a Servpro Franchise

Need money to buy a Servpro franchise? Pony Express Community Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in St Joseph, Missouri needed money to invest in a Servpro franchise back in 2003. Pony Express Community Bank issued an SBA franchise loan. Here are the details on this Missouri small business loan.

SBA Loan Borrower

HALSEY, INC.
ST JOSEPH, MO 64506

SBA Loan Lender

PONY EXPRESS COMMUNITY BANK
624 FELIX
SAINT JOSEPH, MO 64501

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.

NAICS Code

236220 - Commercial and Institutional Building Construction

Loan Approval Date

9/2/2003

Loan Approval Gross Amount

$91,000

Loan Approval from the SBA

Of the total $91,000 loan amount, the SBA guaranteed $77,350.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Servpro franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

ServPro

A Company That Helps Entrepreneurs

Small Bank Loans in Saint Joseph, Missouri

Getting an SBA Loan in Missouri