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May 5, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Olathe, Business Loans > 1st National Bank - Ola Olathe Business Loans > Mr Goodcents Loan | ||||
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Raising Money in Olathe, Kansas With SBA Loans
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Kansas Entrepreneur Secures Financing to Buy Mr. Goodcents Sub' And Pasta FranchiseBorrowing money to buy a Mr. Goodcents Sub' And Pasta franchise? 1st National Bank - Ola has a history of making these loans and they are guaranteed by the SBA. Mr. Goodcents Sub' And Pasta franchise loans are available to Olathe, Kansas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, 1st National Bank - Ola, based in Olathe, Kansas, issued an SBA franchise loan for a Mr. Goodcents Sub' And Pasta franchise in 2005. We've got all the details on this Kansas small business loan. SBA Loan Borrower MR GOODCENTS SBA Loan Lender 1ST NATIONAL BANK - OLA As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 7/21/2005 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $85,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Mr. Goodcents Sub' And Pasta franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 11 new jobs and retain 13 existing jobs. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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:
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