Kansas Entrepreneur Secures Financing to Buy 1-800-Radiator Franchise

Need a loan to purchase a 1-800-Radiator franchise? Legacy Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Wichita, Kansas and are interested in buying a 1-800-Radiator franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2007 by Legacy Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

1-800-RADIATOR OF WICHITA KS,
WICHITA, KS 67213

SBA Loan Lender

LEGACY BANK
3711 N RIDGE RD
WICHITA, KS 67205

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

423120 - Motor Vehicle Supplies and New Parts Merchant Wholesalers

Loan Approval Date

11/9/2007

Loan Approval Gross Amount

$327,000

Loan Approval from the SBA

Of the total $327,000 loan amount, the SBA guaranteed $245,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a 1-800-Radiator franchise. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Legacy Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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.

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