Junction City, Kansas Lender Lends Money to Sewing, Needlework, And Piece Goods Stores Company

Want to talk with a Junction City, Kansas bank about a small business loan? Here's one Kansas business loan, issued by a Junction City bank, that was approved by the SBA.

Applying for an SBA loan with 1st National Bank & Trust - Junctio worked out well for our friends at one local firm in Junction City, Kansas. They received an SBA loan for $25,750. Way to go!

SBA Loan Borrower

COMPANY TYPE: SEWING, NEEDLEWORK, AND PIECE GOODS STORES
JUNCTION CITY, KS 66441

SBA Loan Lender

1ST NATIONAL BANK & TRUST - JUNCTIO
702 N WASHINGTON
JUNCTION CITY, KS 66441

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide debt financing to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5949 - Sewing, Needlework, and Piece Goods Stores

NAICS Code

451130 - Sewing, Needlework, and Piece Goods Stores

Loan Approval Date

7/13/2004

Loan Approval Gross Amount

$25,750

Loan Approval from the SBA

Of the total $25,750 loan amount, the SBA guaranteed $21,888.

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 2 employees. The loan application did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for 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.

Related Links:

SBIR Funding

Small Business Banks in Junction City, Kansas

Kansas SBA Bank Lenders