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May 8, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Wichita, Business Loans > Intrust Bank Wichita Business Loans > Aircraft Parts And Auxiliary Equipment, N.E.C Loan | ||||
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Wichita, Kansas Bank Loan
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Intrust Bank Gives SBA Loan to Aircraft Parts And Auxiliary Equipment, N.E.C CompanyLooking to get a Kansas small business loan? This Kansas entrepreneur got a small business loan, provided by a Kansas bank that works with the SBA to help small business owners. By giving the right information to Intrust Bank, this Wichita, Kansas business was able to get an SBA loan. To get this loan, the loan applicant gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: AIRCRAFT PARTS AND AUXILIARY EQUIPMENT, N.E.C SBA Loan Lender INTRUST BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3728 - Aircraft Parts and Auxiliary Equipment, N.E.C NAICS Code 336413 - Aircraft Parts and Auxiliary Equipment Manufacturing Loan Approval Date 6/9/2004 Loan Approval Gross Amount $1,026,250 Loan Approval from the SBA Of the total $1,026,250 loan amount, the SBA guaranteed $769,688. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 145 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. 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 $1,026,250 loan. Remember, you control your own destiny. 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: SBA 7A Banks in Wichita, Kansas
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