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May 3, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Syracuse, Business Loans > 1st National Bank - Syracuse Syracuse Business Loans > Beef Cattle Feedlots Loan | ||||
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Hugoton, Kansas Bank Loan
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Business Loans for Cattle FeedlotsLooking for business loans for cattle feedlots? An SBA loan may be just what you've been looking for. This $188,000 cattle feedlots loan was issued by a Kansas bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Hugoton, Kansas was able to borrow $188,000 from 1st National Bank - Syracuse. The SBA made the loan possible by guaranteeing $141,000 of this Kansas small business loan. SBA Loan Borrower COMPANY TYPE: BEEF CATTLE FEEDLOTS SBA Loan Lender 1ST NATIONAL BANK - SYRACUSE This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 0211 - Beef Cattle Feedlots NAICS Code 112112 - Cattle Feedlots Loan Approval Date 6/20/2006 Loan Approval Gross Amount $188,000 Loan Approval from the SBA Of the total $188,000 loan amount, the SBA guaranteed $141,000. 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 2 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees. 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. We can help you find the best banks for small businesses in Hugoton or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Best Banks in Syracuse, Kansas
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