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May 4, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Saint Louis, Business Loans > St. Johns Bank & Trust Saint Louis Business Loans > Mr. Goodcents Loan | ||||
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St. Johns Bank & Trust SBA 7A Franchise Loans
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St. Johns Bank & Trust Provides SBA Loan to Buy Mr. Goodcents Sub' And Pasta FranchiseNeed a loan to buy a Mr. Goodcents Sub' And Pasta franchise? St. Johns Bank & Trust has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in St. Charles, Missouri needed money to invest in a Mr. Goodcents Sub' And Pasta franchise back in 2002. St. Johns Bank & Trust issued an SBA franchise loan. Here are the details on this Missouri small business loan. SBA Loan Borrower MR. GOODCENTS SBA Loan Lender ST. JOHNS BANK & TRUST This lender issued this particular SBA business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 9/19/2002 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. 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 12 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. We can help you find the best banks for small businesses in St. Charles or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Dealing With Venture Capitalists Small Business Banks in Saint Louis, Missouri
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