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April 25, 2024  
 
 
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How to Get SBA Loans in Lenexa, Kansas

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Battery Plus Franchise

Borrowing money to buy a Battery Plus franchise? Small Business Loan Source LLC has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Lenexa, Kansas needed money to invest in a Battery Plus franchise back in 2007. Small Business Loan Source LLC issued an SBA franchise loan. Here are the details on this Kansas small business loan.

SBA Loan Borrower

BATTERIES PLUS
LENEXA, KS 66215

SBA Loan Lender

SMALL BUSINESS LOAN SOURCE LLC
9801 WESTHEIMER RD #1100
HOUSTON, TX 77056

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

452990 - General Merchandise Stores

Loan Approval Date

8/28/2007

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 Battery Plus franchise. At the time of the loan, the company had only one employee. The loan application indicated that the borrowed money would help generate 3 new jobs.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Small Business Loan Source LLC and they will explain how you can get an SBA loan for your company.

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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