Arkansas City, Kansas Lender Lends Money to Offices And Clinics Of Dentists Company
Want to talk with an Arkansas City, Kansas bank about a small business loan? Here's one Missouri business loan, issued by an Arkansas City bank, that was approved by the SBA.
Applying for an SBA loan with Union State Bank worked out well for our friends at one local company in Kansas City, Missouri. The business was able to get an SBA loan for $100,000. Nice!
SBA Loan Borrower
COMPANY TYPE: OFFICES AND CLINICS OF DENTISTS
KANSAS CITY, MO 64114
SBA Loan Lender
UNION STATE BANK
127 S SUMMIT ST
ARKANSAS CITY, KS 67005
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
8021 - Offices and Clinics of Dentists
621210 - Dentists
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $80,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. The loan application did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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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