Loan Census Banking News and Information
December 24, 2024  
 
 
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Missouri Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Naturalawn Franchise

Need money to invest in a Naturalawn franchise? U.S. Bank National Association has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Naturalawn franchise requires some effort but others before you have been successful. In 2005, U.S. Bank National Association issued an SBA franchise loan to an entrepreneur in St. Charles, Missouri. Because Naturalawn was registered with the SBA's registry of franchises, this Missouri small business loan was issued on an expedited basis.

SBA Loan Borrower

NATURAL LAWN OF AMERICA
ST. CHARLES, MO 63304

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

The lender provided this SBA bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

2/11/2005

Loan Approval Gross Amount

$10,000

Loan Approval from the SBA

Of the total $10,000 loan amount, the SBA guaranteed $5,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Naturalawn franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.

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

If you need business start up money in St. Charles MO, you ought to talk with a local St. Charles SBA lender or talk with an out-of-area SBA lender that has previously loaned money to St. Charles businesses.

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:

NaturaLawn of America

Business Credit Evaluation

SBA Participating Banks in Cincinnati, Ohio

SBA Ohio Banks