Loan Census Banking News and Information
May 15, 2024  
 
 
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Missouri SBA 7A Lenders

 

 
Loan Census SBA Loan Info

Kansas City, Missouri Bank Lends Money to Landscaping Services Company in Overland Park, Kansas

Thinking about meeting with a Kansas City, Missouri bank about an SBA loan? Here's one Kansas business loan, issued by a Kansas City bank, that was approved by the SBA.

Applying for an SBA loan with Commerce Bank worked out well for our friends at one local firm in Overland Park, Kansas. The business was able to get an SBA loan for $60,000. Great job!

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
OVERLAND PARK, KS 66223

SBA Loan Lender

COMMERCE BANK
1000 WALNUT ST
KANSAS CITY, MO 64141

This lender processed this SBA business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

1/22/2003

Loan Approval Gross Amount

$60,000

Loan Approval from the SBA

Of the total $60,000 loan amount, the SBA guaranteed $30,000.

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 20 employees. The SBA loan documents indicated that the loan would help generate 15 new jobs and retain 5 existing jobs.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This SBA loan was for $60,000. How would you spend $60,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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Missouri SBA 7A Banks