Get an SBA Loan for Meat Processed from Carcasses

With these bank loans for meat processed from carcasses, the SBA guarantees the lender that the loan will be repaid. This meat processed from carcasses loan for $145,500 was given to a Kansas entrepreneur in 2006.

This company knew how to go about getting a business bank loan. Based in Parsons, Kansas, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Labette Bank, based in Parsons, Kansas.

SBA Loan Borrower

COMPANY TYPE: SAUSAGES AND OTHER PREPARED MEAT PRODUCTS
PARSONS, KS 67357

SBA Loan Lender

LABETTE BANK
3129 MAIN ST
PARSONS, KS 67357

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2013 - Sausages and Other Prepared Meat Products

NAICS Code

311612 - Meat Processed from Carcasses

Loan Approval Date

3/29/2006

Loan Approval Gross Amount

$145,500

Loan Approval from the SBA

Of the total $145,500 loan amount, the SBA guaranteed $123,675.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Labette Bank 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:

The Friends and Family Network

SBA 7A Banks for Parsons, Kansas Loans

Getting a Business Loan in Kansas