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April 28, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Overland Park, Business Loans > Premier Bank Overland Park Business Loans > Smoothie King Loan | ||||
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Business Loans for Olathe Small Business Owners
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Olathe, KS Entrepreneur Gets SBA Loan to Buy Smoothie King health Food Store FranchiseNeed a loan to buy a Smoothie King health Food Store franchise? Premier Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Olathe, Kansas needed money to invest in a Smoothie King health Food Store franchise back in 2005. Premier Bank issued an SBA franchise loan. Here are the details on this Kansas small business loan. SBA Loan Borrower SMOOTHIE KING SBA Loan Lender PREMIER BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 3/21/2005 Loan Approval Gross Amount $127,000 Loan Approval from the SBA Of the total $127,000 loan amount, the SBA guaranteed $107,950. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Smoothie King health Food Store franchise. At the time of the loan, the company had 22 employees. The SBA loan documents did not indicate that the business promised to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: SBA 7A Banks in Overland Park, Kansas
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