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May 6, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Carthage, Business Loans > Hometown Bank Carthage Business Loans > Petland Olathe Loan | ||||
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Advice for Financing a Franchise
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Borrow Money to Buy a Petland FranchiseBorrowing money to purchase a Petland franchise? Hometown Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Olathe, Kansas needed money to invest in a Petland franchise back in 2003. Hometown Bank issued an SBA franchise loan. Here are the details on this Kansas small business loan. SBA Loan Borrower PETLAND OLATHE SBA Loan Lender HOMETOWN BANK 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 5999 - Retail Stores NAICS Code 453910 - Pet and Pet Supplies Stores Loan Approval Date 7/10/2003 Loan Approval Gross Amount $200,000 Loan Approval from the SBA Of the total $200,000 loan amount, the SBA guaranteed $150,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Petland franchise. At the time of the loan, the company had 20 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Good Banks for Small Business in Carthage, Missouri Where to Get an SBA Loan Missouri
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