Wichita, Kansas Entrepreneur Gets a Bank Loan

KansasBusiness loans are available to Kansas business owners through the SBA. In this case, a Kansas bank provides the loan.

Getting a small business loan in Wichita, Kansas was a top priority for this SBA-financed company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Union State Bank. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
WICHITA, KS 67206

SBA Loan Lender

UNION STATE BANK
127 S SUMMIT ST
ARKANSAS CITY, KS 67005

This SBA bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

621310 - Chiropractors

Loan Approval Date

6/1/2007

Loan Approval Gross Amount

$85,000

Loan Approval from the SBA

Of the total $85,000 loan amount, the SBA guaranteed $42,500.

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 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs.

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

If you are working on finding money to start a business in Wichita KS, you ought to talk with a local Wichita SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Wichita businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Union State Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Union State Bank 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.

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