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May 6, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Overland Park, Business Loans > Valley View State Bank Overland Park Business Loans > Super Suppers Loan | ||||
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SBA 7A Banks for Olathe Franchises
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Valley View State Bank Provides SBA Loan to Buy Super Suppers FranchiseNeed money to buy a Super Suppers franchise? Valley View State Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Super Suppers franchise shouldn't be overly burdensome. In 2006, Valley View State Bank issued an SBA franchise loan to an entrepreneur in Olathe, Kansas. Because Super Suppers was registered with the SBA's registry of franchises, this Kansas small business loan was issued on an expedited basis. SBA Loan Borrower SUPER SUPPERS SBA Loan Lender VALLEY VIEW STATE BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2099 - Food Preparations NAICS Code 311991 - Perishable Prepared Food Manufacturing Loan Approval Date 6/19/2006 Loan Approval Gross Amount $149,500 Loan Approval from the SBA Of the total $149,500 loan amount, the SBA guaranteed $127,075. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Super Suppers franchise. At the time of the loan, the company had 6 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. This SBA loan was for $149,500. How would you spend $149,500 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: Good Banks for Small Business in Overland Park, Kansas SBA Participating Banks in Kansas
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