Loan to Buy Martinizing Dry Cleaning Franchise Issued By Equity Bank A

Need money to invest in a Martinizing Dry Cleaning franchise? Equity Bank A has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Martinizing Dry Cleaning franchise may simply require a phone call to a local SBA banker. In 2005, Equity Bank A issued an SBA franchise loan to an entrepreneur in Wichita, Kansas. Because Martinizing Dry Cleaning was registered with the SBA's registry of franchises, this Kansas small business loan was issued on an expedited basis.

SBA Loan Borrower

MARTINIZING DRY CLEANING
WICHITA, KS 67220

SBA Loan Lender

EQUITY BANK A
225 W CENTRAL
ANDOVER, KS 67002

This SBA business 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.

SIC Code

7216 - Drycleaning Plants

NAICS Code

812320 - Drycleaning and Laundry Services

Loan Approval Date

10/17/2005

Loan Approval Gross Amount

$275,000

Loan Approval from the SBA

Of the total $275,000 loan amount, the SBA guaranteed $206,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Martinizing Dry Cleaning franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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 way to raise money

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $275,000 loan. Remember, where there is a will, there is a way!

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:

Martinizing Dry Cleaning

How to Raise Money

Small Business Banks in Andover, Kansas

SBA Kansas Lenders