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November 14, 2024  
 
 
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Advice for Financing a Franchise

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Logan Farm Honey Brand Hams Franchise

Need a loan to purchase a Logan Farm Honey Brand Hams franchise? Home Bank & Trust Company has a history of making these loans and they are guaranteed by the SBA.

Logan Farm Honey Brand Hams franchise loans are available to Wichita, Kansas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Home Bank & Trust Company, based in Eureka, Kansas, issued an SBA franchise loan for a Logan Farm Honey Brand Hams franchise in 2005. We've got all the details on this Kansas small business loan.

SBA Loan Borrower

RIB DADDY'S LLC
WICHITA, KS 67206

SBA Loan Lender

HOME BANK & TRUST COMPANY
217 N MAIN ST
EUREKA, KS 67045

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

2/23/2005

Loan Approval Gross Amount

$63,000

Loan Approval from the SBA

Of the total $63,000 loan amount, the SBA guaranteed $53,550.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Logan Farm Honey Brand Hams franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

The Friends and Family Network

Where to Get an SBA Loan in Eureka, Kansas

SBA Kansas Lenders