Lee's Summit, Missouri Lender Lends Money to Site Preparation Contractors Company
Find Lee's Summit, Missouri banks that specialize in small business loans and know how to work with entrepreneurs. Summit Bank Of Kansas City is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in Belton, Missouri starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Summit Bank Of Kansas City. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: SITE PREPARATION CONTRACTORS
BELTON, MO 64012
SBA Loan Lender
SUMMIT BANK OF KANSAS CITY
1650 NE GRAND, STE 100
LEE'S SUMMIT, MO 64086
This lender processed this loan for a small business under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
238910 - Site Preparation Contractors
Loan Approval Date
4/30/2007
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
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 4 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Summit Bank Of Kansas City are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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:
SBIR Funding
Banks in Lee's Summit, Missouri
Missouri SBA Bank Lenders