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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 > Minerals And Earths, Ground Or Otherwise Treated Loan | ||||
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Kansas SBA 7A Lenders
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Great Bend, Kansas Bank Lends Money to Minerals And Earths, Ground Or Otherwise Treated Company in Great Bend, KansasA Great Bend, Kansas SBA loan can be yours. Learn how a company got a $99,000 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: MINERALS AND EARTHS, GROUND OR OTHERWISE TREATED SBA Loan Lender FARMERS BANK & TRUST This lender issued this particular debt financing 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 3295 - Minerals and Earths, Ground or Otherwise Treated Loan Approval Date 4/20/2000 Loan Approval Gross Amount $99,000 Loan Approval from the SBA Of the total $99,000 loan amount, the SBA guaranteed $79,200. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Obtaining Funding - Friends and Family SBA Approved Banks in Great Bend, Kansas
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