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April 24, 2024  
 
 
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Kansas City Bank Loan

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Kansas City, Missouri Bank to Get an SBA Loan

Find Kansas City, Missouri banks that specialize in SBA loans and know how to work with entrepreneurs. Central Bank Of Kansas City is one such bank, as evidenced by this SBA loan to one business.

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

SBA Loan Borrower

COMPANY TYPE: FROZEN SPECIALTIES
KANSAS CITY, MO 64108

SBA Loan Lender

CENTRAL BANK OF KANSAS CITY
2301 INDEPENDENCE BLVD
KANSAS CITY, MO 64124

This lender issued this SBA business loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2038 - Frozen Specialties

NAICS Code

311412 - Frozen Specialty Food Manufacturing

Loan Approval Date

10/31/2001

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 8 employees. The loan application did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your 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:

The Art of Bootstrapping

SBA 7A Lenders in Kansas City, Missouri

SBA Lenders in Missouri