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May 4, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Reeds Spring, Business Loans > Great Southern Bank Reeds Spring Business Loans > Tcby Treats Loan | ||||
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How to Get SBA Loans in Springfield, Missouri
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Great Southern Bank Provides SBA Loan to Buy Tcby FranchiseNeed money to invest in a Tcby franchise? Great Southern Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Springfield, Missouri needed money to invest in a Tcby franchise back in 2000. Great Southern Bank issued an SBA franchise loan. Here are the details on this Missouri small business loan. SBA Loan Borrower TCBY TREATS SBA Loan Lender GREAT SOUTHERN BANK This was a Low Documentation SBA loan. The SBA started this program to minimize 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. Currently, $100,000 is the maximum loan amount. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places Loan Approval Date 8/7/2000 Loan Approval Gross Amount $63,500 Loan Approval from the SBA Of the total $63,500 loan amount, the SBA guaranteed $50,800. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Tcby franchise. At the time of the loan, the company had 8 employees. The loan application did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. We've showcased information on this loan to let you know that businesses like yours 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: Best Banks in Reeds Spring, Missouri
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