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.
2038 - Frozen Specialties
311412 - Frozen Specialty Food Manufacturing
Loan Approval Date
Loan Approval Gross Amount
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.
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