Loan Census Banking News and Information
April 16, 2024  
 
 
  Business Loan Information  
 

Loans to Buy a Franchise in Missouri

 

 
Loan Census SBA Loan Info

Missouri Entrepreneur Secures Financing to Buy Your Dollar Store With More Franchise

Need a loan to purchase a Your Dollar Store With More franchise? National Bank Of Kansas City has a history of making these loans and they are guaranteed by the SBA.

If you live near Platte City, Missouri and are interested in buying a Your Dollar Store With More franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by National Bank Of Kansas City. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

YOUR DOLLAR STORE WITH MORE
PLATTE CITY, MO 64079

SBA Loan Lender

NATIONAL BANK OF KANSAS CITY
10700 NALL AVE
OVERLAND PARK, KS 66211

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

452990 - General Merchandise Stores

Loan Approval Date

8/6/2004

Loan Approval Gross Amount

$140,000

Loan Approval from the SBA

Of the total $140,000 loan amount, the SBA guaranteed $119,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Your Dollar Store With More franchise. At the time of the loan, the company had 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

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 National Bank Of Kansas City 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.

Related Links:

Your Dollar Store with More

Business Incubators

SBA Approved Banks in Overland Park, Kansas

SBA Kansas Lenders