Liberty Bank Provides SBA Loan to Buy Benjamin Franklin Certified Plumbing Franchise

Need money to invest in a Benjamin Franklin Certified Plumbing franchise? Liberty Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Benjamin Franklin Certified Plumbing franchise shouldn't be overly burdensome. In 2006, Liberty Bank issued an SBA franchise loan to an entrepreneur in Springfield, Missouri. Because Benjamin Franklin Certified Plumbing was registered with the SBA's registry of franchises, this Missouri small business loan was issued on an expedited basis.

SBA Loan Borrower

BENJAMIN FRANKLIN PLUMBING
SPRINGFIELD, MO 65807

SBA Loan Lender

LIBERTY BANK
1414 E PRIMROSE
SPRINGFIELD, MO 65804

This SBA small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238220 - Plumbing, Heating, and Air-Conditioning Contractors

Loan Approval Date

6/27/2006

Loan Approval Gross Amount

$84,200

Loan Approval from the SBA

Of the total $84,200 loan amount, the SBA guaranteed $71,570.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Benjamin Franklin Certified Plumbing franchise. At the time of the loan, the company had 5 employees. This SBA loan request did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $84,200 loan. Remember, you control your own destiny.

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:

Benjamin Franklin Plumbing

Startup Funding Tip

SBA 7A Banks in Springfield, Missouri

Missouri SBA 7A Lenders