Loan Census Banking News and Information
April 27, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for Kansas City, Missouri Small Business Owners

 

 
Loan Census SBA Loan Info

Loans for Specialty Trade Contractors

Looking for loans for specialty trade contractors? An SBA loan may be just what you've been looking for. This $180,000 specialty trade contractors loan was issued by a Kansas bank.

This small firm knew how to go about getting a business bank loan. Based in Kansas City, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was National Bank Of Kansas City, based in Overland Park, Kansas.

SBA Loan Borrower

COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
KANSAS CITY, MO 64145

SBA Loan Lender

NATIONAL BANK OF KANSAS CITY
10700 NALL AVE
OVERLAND PARK, KS 66211

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238990 - Specialty Trade Contractors

Loan Approval Date

2/4/2005

Loan Approval Gross Amount

$180,000

Loan Approval from the SBA

Of the total $180,000 loan amount, the SBA guaranteed $135,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 7 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $180,000 loan. Remember, anyone can do it... so why not 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:

Small Business Loan

SBA Approved Banks in Overland Park, Kansas

Kansas SBA Bank Lenders