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May 15, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Olathe, Business Loans > M&i Marshall & Ilsley Bank Olathe Business Loans > Telephone Communications Loan | ||||
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SBA Lender Olathe
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Olathe, Kansas Bank Lends Money to Telephone Communications Company in Lenexa, KansasThinking about meeting with an Olathe, Kansas bank about an SBA loan? Here's one Kansas business loan, issued by an Olathe bank, that was approved by the SBA. Applying for an SBA loan with M&i Marshall & Ilsley Bank worked out well for our friends at one local business in Lenexa, Kansas. They received an SBA loan for $275,000. Sweet! SBA Loan Borrower COMPANY TYPE: TELEPHONE COMMUNICATIONS SBA Loan Lender M&I MARSHALL & ILSLEY BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 4813 - Telephone Communications NAICS Code Loan Approval Date 9/29/2003 Loan Approval Gross Amount $275,000 Loan Approval from the SBA Of the total $275,000 loan amount, the SBA guaranteed $206,250. 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 6 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! 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. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: SBA 7A Banks in Olathe, Kansas
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