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May 15, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Lyons, Business Loans > The Lyons State Bank Lyons Business Loans > Repair Shops And Related Services Loan | ||||
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Small Business Banks That Lend to Bushton Small Business Owners
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Bushton, Kansas Entrepreneur Gets a Business LoanWould a Kansas small business loan help your small business to grow and prosper? If so, you may want to talk with this Kansas bank, which offers SBA loans to Kansas entrepreneurs. You can learn something about getting a small business loan in Bushton, Kansas by studying this loan to a local company, made back in 2003. Banks like The Lyons State Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: REPAIR SHOPS AND RELATED SERVICES SBA Loan Lender THE LYONS STATE BANK This loan for a small business was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7699 - Repair Shops and Related Services NAICS Code 811310 - Commercial and Industrial Machinery and Equipment Loan Approval Date 12/18/2003 Loan Approval Gross Amount $88,500 Loan Approval from the SBA Of the total $88,500 loan amount, the SBA guaranteed $75,225. 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 only one employee. The SBA loan application for the borrower did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. While you may be able to find other ways to get money to start a business, 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: Realistic Debt Financing Options Best Banks for Small Business in Lyons, Kansas
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