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April 18, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Gladstone, Business Loans > First Bank Of Missouri Gladstone Business Loans > Christian Brothers Automotive Loan | ||||
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How to Get SBA Loans in Kansas City, Missouri
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Loan to Buy Christian Brothers Automotive Franchise Issued By First Bank Of MissouriNeed money to purchase a Christian Brothers Automotive franchise? First Bank Of Missouri has a history of making these loans and they are guaranteed by the SBA. Christian Brothers Automotive franchise loans are available to Kansas City, Missouri entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Bank Of Missouri, based in Gladstone, Missouri, issued an SBA franchise loan for a Christian Brothers Automotive franchise in 2003. We've got all the details on this Missouri small business loan. SBA Loan Borrower CHRISTIAN BROTHERS AUTOMOTIVE SBA Loan Lender FIRST BANK OF MISSOURI Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811111 - General Automotive Repair Loan Approval Date 9/30/2003 Loan Approval Gross Amount $220,000 Loan Approval from the SBA Of the total $220,000 loan amount, the SBA guaranteed $165,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Christian Brothers Automotive franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 8 existing jobs. Getting an SBA Loan For Your Business If you are raising money in Kansas City MO, you ought to talk with a local Kansas City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Kansas City businesses. This SBA loan was for $220,000. How would you spend $220,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Obtaining Funding - Getting Venture Capital Good Banks for Small Business in Gladstone, Missouri
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