Loan Census Banking News and Information
March 29, 2024  
 
 
  Business Loan Information  
 

I Need a Small Business Loan to Buy a Franchise in Shawnee, Kansas

 

 
Loan Census SBA Loan Info

Kansas Entrepreneur Secures Financing to Buy Adventures In Advertising Franchise

Need money to buy an Adventures In Advertising franchise? M&i Marshall & Ilsley Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy an Adventures In Advertising franchise requires some effort but others before you have been successful. In 2004, M&i Marshall & Ilsley Bank issued an SBA franchise loan to an entrepreneur in Shawnee, Kansas. Because Adventures In Advertising was registered with the SBA's registry of franchises, this Kansas small business loan was issued on an expedited basis.

SBA Loan Borrower

PROMOTIONALLY YOURS INC
SHAWNEE, KS 66227

SBA Loan Lender

M&I MARSHALL & ILSLEY BANK
11301 NALL AVE
LEAWOOD, KS 66211

This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

541890 - Services Related to Advertising

Loan Approval Date

5/5/2004

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Adventures In Advertising franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Adventures in Advertising

Microlending as a Small Business Funding Source

Small Bank Loans in Leawood, Kansas

Getting an SBA Loan in Kansas