Andover, Kansas Bank Lends Money to Veterinary Services Company in Goddard, Kansas

Get to know Andover, Kansas banks that specialize in business loans and know how to work with entrepreneurs. The Andover State Bank is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Goddard, Kansas starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from The Andover State Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES
GODDARD, KS 67052

SBA Loan Lender

THE ANDOVER STATE BANK
511 N ANDOVER RD
ANDOVER, KS 67002

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide commercial loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541940 - Veterinary Services

Loan Approval Date

3/28/2007

Loan Approval Gross Amount

$542,502

Loan Approval from the SBA

Of the total $542,502 loan amount, the SBA guaranteed $406,876.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 12 employees. The SBA loan documents indicated that the loan would help retain 12 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from The Andover State Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Understanding Dilution

SBA Approved Banks in Andover, Kansas

Kansas SBA 7A Banks