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November 15, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Saint Louis, Business Loans > Heartland Bank Saint Louis Business Loans > Ups Store Loan | ||||
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Where to Get an SBA 7A Loan to Purchase a Franchise
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Heartland Bank Provides SBA Loan to Buy Quiznos FranchiseBorrowing money to buy a Quiznos franchise? Heartland Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in St. Louis, Missouri needed money to invest in a Quiznos franchise back in 2005. Heartland Bank issued an SBA franchise loan. Here are the details on this Missouri small business loan. SBA Loan Borrower UPS STORE SBA Loan Lender HEARTLAND BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561431 - Private Mail Centers Loan Approval Date 2/18/2005 Loan Approval Gross Amount $230,000 Loan Approval from the SBA Of the total $230,000 loan amount, the SBA guaranteed $172,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Quiznos franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. We can help you find the best banks for small businesses in St. Louis 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: Obtaining Funding - How to Decide How Much to Raise SBA Banks in Saint Louis, Missouri Getting an SBA Loan in Missouri
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