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April 28, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Reeds Spring, Business Loans > Great Southern Bank Reeds Spring Business Loans > The Little Gym Of Overland Par Loan | ||||
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Raising Money in Overland Park, Kansas With SBA Loans
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Kansas Entrepreneur Secures Financing to Buy Little Gym FranchiseBorrowing money to buy a Little Gym franchise? Great Southern Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Little Gym franchise? If so, here's a 2006 SBA franchise loan that you should know about. Great Southern Bank was the lender and the entrepreneur was based in Overland Park, Kansas. SBA Loan Borrower THE LITTLE GYM OF OVERLAND PAR SBA Loan Lender GREAT SOUTHERN BANK This SBA small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 713990 - Amusement and Recreation Industries Loan Approval Date 1/9/2006 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 an existing business. This loan was used to buy a Little Gym franchise. At the time of the loan, the company had 8 employees. The loan application did not indicate that the small business promised to use the money to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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 Reeds Spring, Missouri
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