Borrowing Money for Site Preparation Contractors

With these loans for site preparation contractors, the SBA guarantees the lender that the loan will be repaid. This site preparation contractors loan for $55,000 was given to a Kansas entrepreneur in 2005.

This small firm knew how to go about getting a business bank loan. Based in Garnett, Kansas, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Community National Bank, based in Chanute, Kansas.

SBA Loan Borrower

COMPANY TYPE: SITE PREPARATION CONTRACTORS
GARNETT, KS 66032

SBA Loan Lender

COMMUNITY NATIONAL BANK
14 N LINCOLN
CHANUTE, KS 66720

This SBA bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

238910 - Site Preparation Contractors

Loan Approval Date

6/7/2005

Loan Approval Gross Amount

$55,000

Loan Approval from the SBA

Of the total $55,000 loan amount, the SBA guaranteed $27,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs.

Getting an SBA Loan For Your Business

If you need money to start business in Garnett KS, you ought to talk with a local Garnett SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Garnett businesses.

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 $55,000 loan. Remember, anyone can do it... so why not you?

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.

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