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April 19, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Lee's Summit, Business Loans > Summit Bank Of Kansas City Lee's Summit Business Loans > Building Equipment Contractors Loan | ||||
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Best Banks for Kansas City, Missouri Business Owners
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Building Equipment Contractors Small Business LoansLooking for small business loans for building equipment contractors? Talk to a banker who works with the SBA. This $1,700,000 building equipment contractors loan was issued by a Missouri bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Kansas City, Missouri was able to borrow $1,700,000 from Summit Bank Of Kansas City. The SBA made the loan possible by guaranteeing $1,275,000 of this Missouri small business loan. SBA Loan Borrower COMPANY TYPE: BUILDING EQUIPMENT CONTRACTORS SBA Loan Lender SUMMIT BANK OF KANSAS CITY This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 238290 - Building Equipment Contractors Loan Approval Date 10/16/2007 Loan Approval Gross Amount $1,700,000 Loan Approval from the SBA Of the total $1,700,000 loan amount, the SBA guaranteed $1,275,000. 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 30 employees. The SBA loan documents indicated that the loan would help generate 20 new jobs and retain 30 existing jobs. Getting an SBA Loan For Your Business For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. This SBA loan was for $1,700,000. How would you spend $1,700,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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 - Getting Venture Capital SBA Banks in Lee's Summit, Missouri
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