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May 14, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Manhattan, Business Loans > Landmark National Bank Manhattan Business Loans > Pet Care Services Loan | ||||
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Get a Small Business Loan from Landmark National Bank
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Business Loan from Landmark National Bank Given to Pet Care Services CompanyLandmark National 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. Getting a small business loan in Lawrence, Kansas was an essential business goal for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Landmark National Bank, operating out of Manhattan, Kansas. Here are the details on this Kansas small business loan. SBA Loan Borrower COMPANY TYPE: PET CARE SERVICES SBA Loan Lender LANDMARK NATIONAL 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 812910 - Pet Care Services Loan Approval Date 11/12/2004 Loan Approval Gross Amount $49,900 Loan Approval from the SBA Of the total $49,900 loan amount, the SBA guaranteed $42,415. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the funding to add employees or retain any existing employees. Next Steps for Getting an SBA Loan 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. While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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 Business Banks in Manhattan, Kansas
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