 |
 |
May 14, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Kansas Business Loan Sources > Overland Park, Business Loans > National Bank Of Kansas City Overland Park Business Loans > Support Services Loan | ||||
 |
||||
Banks Doing SBA Loans in Kansas
|
||||
 |
Overland Park, Kansas Lender Lends Money to Support Services CompanyThinking about meeting with an Overland Park, Kansas bank about a business loan? Here's one Kansas business loan, issued by an Overland Park bank, that was approved by the SBA. Applying for an SBA loan with National Bank Of Kansas City worked out well for our friends at one local firm in Overland Park, Kansas. They got an SBA loan for $120,000. Great job! SBA Loan Borrower COMPANY TYPE: SUPPORT SERVICES SBA Loan Lender NATIONAL BANK OF KANSAS CITY This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561990 - Support Services Loan Approval Date 4/23/2003 Loan Approval Gross Amount $120,000 Loan Approval from the SBA Of the total $120,000 loan amount, the SBA guaranteed $102,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like National Bank Of Kansas City are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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: Small Business Banks in Overland Park, Kansas
|
|
||
|
||||
|
|
||||