Loan Census Banking News and Information
May 5, 2024  
 
 
  Business Loan Information  
 

Leawood, Kansas Bank Loan

 

 
Loan Census SBA Loan Info

Veterinary Services SBA Loans

With these SBA loans for veterinary services, the SBA guarantees the lender that the loan will be repaid. This veterinary services loan for $270,000 was given to a Kansas entrepreneur in 2003.

This business knew how to go about getting a business bank loan. Based in Leawood, Kansas, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was 1st National Bank - Ola, based in Olathe, Kansas.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES
LEAWOOD, KS 66223

SBA Loan Lender

1ST NATIONAL BANK - OLA
444 E SANTA FE
OLATHE, KS 66061

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541940 - Veterinary Services

Loan Approval Date

8/20/2003

Loan Approval Gross Amount

$270,000

Loan Approval from the SBA

Of the total $270,000 loan amount, the SBA guaranteed $202,500.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 6 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. 1st National Bank - Ola had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, 1st National Bank - Ola made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Investor Turnoffs

SBA Participating Banks in Olathe, Kansas

Where to Get an SBA Loan Kansas