Loan Census Banking News and Information
May 9, 2024  
 
 
  Business Loan Information  
 

Labette Bank Parsons

 

 
Loan Census SBA Loan Info

Labette Bank SBA Loan to Communication Equipment Repair And Maintenance Company

An SBA loan from Labette Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Parsons, Kansas business owner got a $14,200 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Parsons, Kansas was able to borrow $14,200 from Labette Bank. The SBA made the loan possible by guaranteeing $7,100 of this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: COMMUNICATION EQUIPMENT REPAIR AND MAINTENANCE
PARSONS, KS 67357

SBA Loan Lender

LABETTE BANK
4TH & HUSTON STS
ALTAMONT, KS 67330

This debt financing was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

811213 - Communication Equipment Repair and Maintenance

Loan Approval Date

10/14/2005

Loan Approval Gross Amount

$14,200

Loan Approval from the SBA

Of the total $14,200 loan amount, the SBA guaranteed $7,100.

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 3 employees. This SBA loan request indicated that the loan would help generate 1 new job.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $14,200 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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