Firm Gets a Kansas Bank Loan
Would a Kansas small business loan help your small business to grow and prosper? If so, you may want to talk with this Kansas bank, which offers SBA loans to Kansas entrepreneurs.
Getting a small business loan in Augusta, Kansas was a top priority for this small company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Rose Hill Bank. Here are the details on this Kansas small business loan.
SBA Loan Borrower
COMPANY TYPE: FLORISTS
AUGUSTA, KS 67010
SBA Loan Lender
ROSE HILL BANK
107 N ROSE HILL RD
ROSE HILL, KS 67133
This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
453110 - Florists
Loan Approval Date
8/27/2002
Loan Approval Gross Amount
$63,000
Loan Approval from the SBA
Of the total $63,000 loan amount, the SBA guaranteed $53,550.
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 3 employees. The loan application did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Rose Hill Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Alternative Financing
Best Rose Hill, Kansas Banks for Small Business
Getting an SBA Loan in Kansas