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May 9, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Russell, Business Loans > Sunflower Bank Russell Business Loans > Bowling Centers Loan | ||||
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Sunflower Bank
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Sunflower Bank SBA Loan to Bowling Centers CompanySunflower Bank is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Kansas entrepreneur who tapped into the power of SBA loans. This business knew how to go about getting a business bank loan. Based in Russell, Kansas, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Sunflower Bank, based in Russell, Kansas. SBA Loan Borrower COMPANY TYPE: BOWLING CENTERS SBA Loan Lender SUNFLOWER BANK This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 713950 - Bowling Centers Loan Approval Date 5/21/2003 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $63,750. More Information on This SBA Loan The borrower borrowed this money for an existing 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. The SBA loan documents did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. We can help you find the best banks for small businesses in Russell or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: A Company That Helps Entrepreneurs Best Russell, Kansas Banks for Small Business Browse All Business Loan Sources for Kansas
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