Business Loan from First National Bank - Johnson County Given to Insurance Agencies And Brokerages Company

An SBA loan from First National Bank - Johnson County typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Leawood, Kansas business owner got a $490,000 loan.

This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with First National Bank - Johnson County, out of Overland Park, Kansas. The loan was granted and they received $490,000 to help grow their Leawood, Kansas business.

SBA Loan Borrower

COMPANY TYPE: INSURANCE AGENCIES AND BROKERAGES
LEAWOOD, KS 66211

SBA Loan Lender

FIRST NATIONAL BANK - JOHNSON COUNTY
14435 METCALF AVE
OVERLAND PARK, KS 66223

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide commercial loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

524210 - Insurance Agencies and Brokerages

Loan Approval Date

6/10/2005

Loan Approval Gross Amount

$490,000

Loan Approval from the SBA

Of the total $490,000 loan amount, the SBA guaranteed $367,500.

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 4 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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 $490,000 loan. Remember, if it to be, it is up to me!

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:

Bank Credit Lines

SBA Participating Banks in Overland Park, Kansas

Where to Get an SBA Loan Kansas