Leavenworth, Kansas Business Gets SBA-Guaranteed Funding from Security Bank Of Kansas City

An SBA loan from Security Bank Of Kansas City typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Leavenworth, Kansas business owner got a $237,900 loan.

This business knew how to go about getting a business bank loan. Based in Leavenworth, Kansas, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was Security Bank Of Kansas City, based in Kansas City, Kansas.

SBA Loan Borrower

COMPANY TYPE: DRINKING PLACES
LEAVENWORTH, KS 66048

SBA Loan Lender

SECURITY BANK OF KANSAS CITY
701 MINNESOTA AVE
KANSAS CITY, KS 66101

This lender issued this SBA loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5813 - Drinking Places

NAICS Code

722410 - Drinking Places

Loan Approval Date

5/17/2006

Loan Approval Gross Amount

$237,900

Loan Approval from the SBA

Of the total $237,900 loan amount, the SBA guaranteed $178,425.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 6 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $237,900 loan. Remember, anyone can do it... so why not 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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