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May 17, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Pratt, Business Loans > The Peoples Bank Pratt Business Loans > Veterinary Services For Livestock Loan | ||||
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Pratt, Kansas SBA 7A Banks
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Pratt, Kansas Bank Lends Money to Veterinary Services For Livestock Company in Pratt, KansasThinking about meeting with a Pratt, Kansas bank about an SBA loan? Here's one Kansas business loan, issued by a Pratt bank, that was approved by the SBA. Applying for an SBA loan with The Peoples Bank worked out well for our friends at one local company in Pratt, Kansas. They got an SBA loan for $238,500. Sweet! SBA Loan Borrower COMPANY TYPE: VETERINARY SERVICES FOR LIVESTOCK SBA Loan Lender THE PEOPLES BANK This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 0741 - Veterinary Services for Livestock NAICS Code 541940 - Veterinary Services Loan Approval Date 9/4/2003 Loan Approval Gross Amount $238,500 Loan Approval from the SBA Of the total $238,500 loan amount, the SBA guaranteed $178,875. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 8 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees. 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. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like The Peoples Bank and they will explain how you can get an SBA loan for your company. 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: Role of Business Plan When Raising Money Where to Get an SBA Loan in Pratt, Kansas
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