Loan Census Banking News and Information
May 17, 2024  
 
 
  Business Loan Information  
 

We Needed a Small Business Loan in Larned, Kansas and We Got One!

 

 
Loan Census SBA Loan Info

Borrowing Money for Ready-Mix Concrete Manufacturing

Looking for loans for ready-mix concrete manufacturing? Try the SBA. This $73,000 ready-mix concrete manufacturing loan was issued by a Kansas bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Larned, Kansas was able to borrow $73,000 from First National Bank & Trust In Larne. The SBA made the loan possible by guaranteeing $54,750 of this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: READY-MIX CONCRETE MANUFACTURING
LARNED, KS 67550

SBA Loan Lender

FIRST NATIONAL BANK & TRUST IN LARNE
102 W 6TH ST
LARNED, KS 67550

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

327320 - Ready-Mix Concrete Manufacturing

Loan Approval Date

12/27/2006

Loan Approval Gross Amount

$73,000

Loan Approval from the SBA

Of the total $73,000 loan amount, the SBA guaranteed $54,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a business in Larned KS, you ought to talk with a local Larned SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Larned businesses.

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:

Borrowing Money from Friends and Family

Where to Get an SBA Loan in Larned, Kansas

SBA Participating Banks in Kansas