Business Loan from Umb Bank Given to Plastics Plumbing Fixture Manufacturing Company

An SBA loan from Umb Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Kansas City, Kansas business owner got a $50,000 loan.

Getting a small business loan in Kansas City, Kansas was an essential business goal for this firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Umb Bank, operating out of Kansas City, Missouri. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: PLASTICS PLUMBING FIXTURE MANUFACTURING
KANSAS CITY, KS 66109

SBA Loan Lender

UMB BANK
1010 GRAND BLVD
KANSAS CITY, MO 64106

This was a Low Documentation SBA loan. The SBA launched this program to reduce the paperwork associated with appliying for an SBA loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

326191 - Plastics Plumbing Fixture Manufacturing

Loan Approval Date

4/28/2005

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

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 9 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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