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November 21, 2024  
 
 
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Citizens Bank & Trust Provides SBA Loan to Buy Mr. Goodcents Sub' And Pasta Franchise

Need a loan to invest in a Mr. Goodcents Sub' And Pasta franchise? Citizens Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

Mr. Goodcents Sub' And Pasta franchise loans are available to St Joseph, Missouri entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Citizens Bank & Trust, based in St. Joseph, Missouri, issued an SBA franchise loan for a Mr. Goodcents Sub' And Pasta franchise in 2002. We've got all the details on this Missouri small business loan.

SBA Loan Borrower

MR GOODCENTS
ST JOSEPH, MO 64505

SBA Loan Lender

CITIZENS BANK & TRUST
3727 FREDERICK BLVD
ST. JOSEPH, MO 64506

This was a Low Documentation SBA loan. The SBA created this program to limit the paperwork associated with borrowing money. The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

6/6/2002

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $106,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Mr. Goodcents Sub' And Pasta franchise. At the time of the loan, the company had 9 employees. The SBA loan documents did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Mr. Goodcents Subs & Pastas

Business Credit Evaluation

Best St. Joseph, Missouri Banks for Small Business

SBA Missouri Lenders