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May 5, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Great Bend, Business Loans > Farmers Bank & Trust Great Bend Business Loans > Business Services Loan | ||||
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Great Bend, Kansas SBA Banks
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Great Bend, Kansas Bank Lends Money to Business Services Company in Colby, KansasA Great Bend, Kansas business loan can be yours. Learn how a company got a $149,600 business loan from this Kansas bank. This loan to a local firm is a good example of an SBA loan. Farmers Bank & Trust made the loan and the SBA guaranteed a portion of the loan. Many other Kansas entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: BUSINESS SERVICES SBA Loan Lender FARMERS BANK & TRUST This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7389 - Business Services NAICS Code 446191 - Food Supplement Stores Loan Approval Date 1/12/2001 Loan Approval Gross Amount $149,600 Loan Approval from the SBA Of the total $149,600 loan amount, the SBA guaranteed $127,160. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 7 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. 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: SBA Banks in Great Bend, Kansas
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