Loan Census Banking News and Information
May 14, 2024  
 
 
  Business Loan Information  
 

SBA Lenders for Minneola Small Businesses

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Amusement and Recreation Industries

Looking for SBA loans for amusement and recreation industries? Try the SBA. This $58,800 amusement and recreation industries loan was issued by a Kansas bank.

This business knew how to go about getting a business bank loan. Based in Minneola, Kansas, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Sunflower Bank, based in Salina, Kansas.

SBA Loan Borrower

COMPANY TYPE: MEMBERSHIP SPORTS AND RECREATION CLUBS
MINNEOLA, KS 67865

SBA Loan Lender

SUNFLOWER BANK
2090 S OHIO ST
SALINA, KS 67401

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7997 - Membership Sports and Recreation Clubs

NAICS Code

713990 - Amusement and Recreation Industries

Loan Approval Date

8/23/2005

Loan Approval Gross Amount

$58,800

Loan Approval from the SBA

Of the total $58,800 loan amount, the SBA guaranteed $44,100.

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

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? 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.

Related Links:

Strategic Investors

Good Banks for Small Business in Salina, Kansas

Find an SBA Lender in Kansas