Wichita, KS Entrepreneur Gets SBA Loan to Buy Foot Solutions Franchise

Need a loan to buy a Foot Solutions franchise? Rose Hill Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Foot Solutions franchise? If so, here's a 2006 SBA franchise loan that you should know about. Rose Hill Bank was the lender and the entrepreneur was based in Wichita, Kansas.

SBA Loan Borrower

D/B/A/ FOOT SOLUTIONS
WICHITA, KS 67206

SBA Loan Lender

ROSE HILL BANK
107 N ROSE HILL RD
ROSE HILL, KS 67133

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

448210 - Shoe Stores

Loan Approval Date

5/3/2006

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 a new business. This loan was used to buy a Foot Solutions franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the business planned to use the funding 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.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $150,000 loan. Remember, if it to be, it is up to me!

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:

Foot Solutions

Getting a Small Business Loan

Best Banks in Rose Hill, Kansas

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