Wichita, KS Entrepreneur Gets SBA Loan to Buy Signs Now Franchise
Borrowing money to buy a Signs Now franchise? Bank Of America has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Signs Now franchise requires some effort but others before you have been successful. In 2002, Bank Of America issued an SBA franchise loan to an entrepreneur in Wichita, Kansas. Because Signs Now was registered with the SBA's registry of franchises, this Kansas small business loan was issued on an expedited basis.
SBA Loan Borrower
SIGNS NOW #124
WICHITA, KS 67208
SBA Loan Lender
BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255
This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
339950 - Sign Manufacturing
Loan Approval Date
11/13/2002
Loan Approval Gross Amount
$30,000
Loan Approval from the SBA
Of the total $30,000 loan amount, the SBA guaranteed $15,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Signs Now 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.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bank Of America are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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:
Signs Now Corporation
Obtaining Funding - How to Borrow Money
Best Banks for Small Business in Charlotte, North Carolina
SBA Participating Banks in North Carolina