 |
 |
May 8, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Kansas Business Loan Sources > Wichita, Business Loans > Intrust Bank Wichita Business Loans > Nursery And Garden Centers Loan | ||||
 |
||||
Intrust Bank Business Loans Wichita
|
||||
 |
Business Loan from Intrust Bank Given to Nursery And Garden Centers CompanyIntrust Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a Kansas entrepreneur was able to get a loan to take a small business to the next level. This small firm knew how to go about getting a business bank loan. Based in Wichita, Kansas, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was Intrust Bank, based in Wichita, Kansas. SBA Loan Borrower COMPANY TYPE: NURSERY AND GARDEN CENTERS SBA Loan Lender INTRUST BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 444220 - Nursery and Garden Centers Loan Approval Date 12/19/2007 Loan Approval Gross Amount $381,000 Loan Approval from the SBA Of the total $381,000 loan amount, the SBA guaranteed $285,750. 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 71 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 71 existing jobs. Next Steps for Getting an SBA Loan Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Intrust Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Intrust 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. Related Links: Find an SBA Lender in Wichita, Kansas
|
|
||
|
||||
|
|
||||