Personal Care Services Loans

Looking for loans for personal care services? The SBA may be the answer. This $174,300 personal care services loan was issued by a Kansas bank.

Getting a small business loan in Blue Springs, Missouri was important for this company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Northstar Bank, operating out of Overland Park, Kansas. Here are the details on this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: PERSONAL SERVICES
BLUE SPRINGS, MO 64014

SBA Loan Lender

NORTHSTAR BANK
7206 COLLEGE BLVD
OVERLAND PARK, KS 66210

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide business loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7299 - Personal Services

NAICS Code

812199 - Personal Care Services

Loan Approval Date

7/23/2003

Loan Approval Gross Amount

$174,300

Loan Approval from the SBA

Of the total $174,300 loan amount, the SBA guaranteed $130,725.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 55 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Northstar 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:

Microlending as a Small Business Funding Source

SBA Participating Banks in Overland Park, Kansas

SBA Kansas Lenders