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May 18, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Tribune, Business Loans > Colorado East Bank & Trust Tribune Business Loans > Liquor Stores Loan | ||||
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Kansas Business Loan from Colorado East Bank & Trust
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Tribune, Kansas Business Gets SBA-Guaranteed Funding from Colorado East Bank & TrustColorado East Bank & Trust and the SBA work together to get business loans for growing small businesses. Here's an example of how a Kansas entrepreneur was able to get a loan to take a small business to the next level. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Tribune, Kansas was able to borrow $86,500 from Colorado East Bank & Trust. The SBA made the loan possible by guaranteeing $69,200 of this Kansas small business loan. SBA Loan Borrower COMPANY TYPE: LIQUOR STORES SBA Loan Lender COLORADO EAST BANK & TRUST This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5921 - Liquor Stores NAICS Code 445310 - Beer, Wine, and Liquor Stores Loan Approval Date 4/21/2000 Loan Approval Gross Amount $86,500 Loan Approval from the SBA Of the total $86,500 loan amount, the SBA guaranteed $69,200. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Realistic Debt Financing Options
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