The Bank SBA Loan to Soil Preparation Services Company

An SBA loan from The Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Atwood, Kansas business owner got a $193,500 loan.

Getting a small business loan in Atwood, Kansas was an essential business goal for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from The Bank, operating out of Atwood, Kansas. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: SOIL PREPARATION SERVICES
ATWOOD, KS 67730

SBA Loan Lender

THE BANK
121 S 4TH ST
ATWOOD, KS 67730

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

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0711 - Soil Preparation Services

NAICS Code

115112 - Soil Preparation, Planting, and Cultivating

Loan Approval Date

5/11/2006

Loan Approval Gross Amount

$193,500

Loan Approval from the SBA

Of the total $193,500 loan amount, the SBA guaranteed $145,125.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 4 employees. The loan application did not indicate that the company promised to use the money to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We can help you find the best banks for small businesses in Atwood or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Advice on Getting a Small Business Loan

Banks in Atwood, Kansas

SBA Lenders in Kansas