 |
 |
May 3, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Kansas Business Loan Sources > Wichita, Business Loans > Emprise Bank Wichita Business Loans > Taxi Service Loan | ||||
 |
||||
Kansas Bank SBA Loans
|
||||
 |
Emprise Bank SBA Loan to Taxi Service CompanyAn SBA loan from Emprise Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Lawren, Kansas business owner got a $160,000 loan. This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Emprise Bank, out of Wichita, Kansas. The loan was granted and they received $160,000 to help grow their Lawren, Kansas business. SBA Loan Borrower COMPANY TYPE: TAXI SERVICE SBA Loan Lender EMPRISE BANK This lender issued this business loan under the SBA's 7A loan, 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. NAICS Code 485310 - Taxi Service Loan Approval Date 5/22/2007 Loan Approval Gross Amount $160,000 Loan Approval from the SBA Of the total $160,000 loan amount, the SBA guaranteed $120,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 9 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 8 existing jobs. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Emprise Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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 Friends and Family Network Find an SBA Lender in Wichita, Kansas
|
|
||
|
||||
|
|
||||