 |
 |
April 28, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Kansas Business Loan Sources > Wichita, Business Loans > Commerce Bank Wichita Business Loans > Transportation Equipment And Supplies Wholesalers Loan | ||||
 |
||||
Who Lends Money to Wichita Small Business Owners
|
||||
 |
Commerce Bank Gives Business Loan to Transportation Equipment And Supplies Wholesalers CompanyKansasSBA loans are available to Kansas entrepreneurs 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 particular business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Commerce Bank. Here are the details on this Kansas small business loan. SBA Loan Borrower COMPANY TYPE: TRANSPORTATION EQUIPMENT AND SUPPLIES WHOLESALERS SBA Loan Lender COMMERCE BANK The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide bank loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 421860 - Transportation Equipment and Supplies Wholesalers Loan Approval Date 11/15/2000 Loan Approval Gross Amount $750,000 Loan Approval from the SBA Of the total $750,000 loan amount, the SBA guaranteed $675,000. 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. This SBA loan request did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Commerce Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Small Bank Loans in Wichita, Kansas
|
|
||
|
||||
|
|
||||