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May 4, 2024  
 
 
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Kansas Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Kansas Entrepreneur Secures Financing to Buy Mr. Goodcents Sub' And Pasta Franchise

Need money to buy a Mr. Goodcents Sub' And Pasta franchise? M&i Marshall & Ilsley Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Shawnee, Kansas needed money to invest in a Mr. Goodcents Sub' And Pasta franchise back in 2003. M&i Marshall & Ilsley Bank issued an SBA franchise loan. Here are the details on this Kansas small business loan.

SBA Loan Borrower

MR. GOODCENTS SUBS & PASTAS
SHAWNEE, KS 66216

SBA Loan Lender

M&I MARSHALL & ILSLEY BANK
11301 NALL AVE
LEAWOOD, KS 66211

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.

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

2/10/2003

Loan Approval Gross Amount

$145,000

Loan Approval from the SBA

Of the total $145,000 loan amount, the SBA guaranteed $123,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Mr. Goodcents Sub' And Pasta franchise. At the time of the loan, the company had 35 employees. This SBA loan request did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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.

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