 |
 |
April 28, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Kansas Business Loan Sources > Charlotte, Business Loans > Bank Of America Charlotte Business Loans > Authorized Distributor Of Matc Loan | ||||
 |
||||
Where Can I Find Franchise Loans in Independence, Kansas?
|
||||
 |
Bank Of America Provides SBA Loan to Buy Matco Tools rent Tools FranchiseBorrowing money to invest in a Matco Tools rent Tools franchise? Bank Of America has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Independence, Kansas needed money to invest in a Matco Tools rent Tools franchise back in 2001. Bank Of America issued an SBA franchise loan. Here are the details on this Kansas small business loan. SBA Loan Borrower AUTHORIZED DISTRIBUTOR OF MATC SBA Loan Lender BANK OF AMERICA This commercial 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 454390 - Direct Selling Establishments Loan Approval Date 10/4/2001 Loan Approval Gross Amount $65,000 Loan Approval from the SBA Of the total $65,000 loan amount, the SBA guaranteed $32,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Matco Tools rent Tools franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 1 new job and retain 1 existing job. Great, But How Can I Get an SBA Loan for My Business? Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. We've showcased information on this loan to let you know that businesses like yours 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: Good Banks for Small Business in Charlotte, North Carolina Browse All Business Loan Sources for North Carolina
|
|
||
|
||||
|
|
||||