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May 2, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Overland Park, Business Loans > National Bank Of Kansas City Overland Park Business Loans > Fantastic Sams Loan | ||||
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I Need Commercial Loans to Buy a Franchise in Overland Park, Kansas
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National Bank Of Kansas City Provides SBA Loan to Buy Fantastic Sam's FranchiseNeed money to purchase a Fantastic Sam's franchise? National Bank Of Kansas City has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Overland Park, Kansas needed money to invest in a Fantastic Sam's franchise back in 2004. National Bank Of Kansas City issued an SBA franchise loan. Here are the details on this Kansas small business loan. SBA Loan Borrower FANTASTIC SAMS SBA Loan Lender NATIONAL BANK OF KANSAS CITY This was a Low Documentation SBA loan. The SBA created this program to reduce the paperwork associated with appliying for an SBA loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812112 - Beauty Salons Loan Approval Date 4/23/2004 Loan Approval Gross Amount $94,000 Loan Approval from the SBA Of the total $94,000 loan amount, the SBA guaranteed $79,900. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Fantastic Sam's franchise. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: SBA Approved Banks in Overland Park, Kansas
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