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May 14, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Olathe, Business Loans > Security Savings Bank, F.S.B. Olathe Business Loans > Retail Stores Loan | ||||
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Security Savings Bank, F.S.B. Business Loan
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Security Savings Bank, F.S.B. SBA Loan to Retail Stores CompanyAn SBA loan from Security Savings Bank, F.S.B. typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Salina, Kansas business owner got a $103,500 loan. This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Security Savings Bank, F.S.B., out of Olathe, Kansas. The loan was granted and they received $103,500 to help grow their Salina, Kansas business. SBA Loan Borrower COMPANY TYPE: RETAIL STORES SBA Loan Lender SECURITY SAVINGS BANK, F.S.B. The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5999 - Retail Stores NAICS Code 453998 - Store Retailers Loan Approval Date 8/30/2002 Loan Approval Gross Amount $103,500 Loan Approval from the SBA Of the total $103,500 loan amount, the SBA guaranteed $87,975. 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 16 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to add 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. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Security Savings Bank, F.S.B. had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Security Savings Bank, F.S.B. made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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 Olathe, Kansas
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