Financing for Communication Equipment Repair and Maintenance

Looking for commercial loans for communication equipment repair and maintenance? Try the SBA. This $96,000 communication equipment repair and maintenance loan was issued by a Kansas bank.

This business knew how to go about getting a business bank loan. Based in Bonner Springs, Kansas, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Bank Of Blue Valley, based in Overland Park, Kansas.

SBA Loan Borrower

COMPANY TYPE: COMMUNICATIONS SERVICES
BONNER SPRINGS, KS 66012

SBA Loan Lender

BANK OF BLUE VALLEY
11935 RILEY ST
OVERLAND PARK, KS 66213

This was a Low Documentation SBA loan. The SBA started this program to reduce the paperwork associated with appliying for an SBA loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4899 - Communications Services

NAICS Code

811213 - Communication Equipment Repair and Maintenance

Loan Approval Date

12/18/2000

Loan Approval Gross Amount

$96,000

Loan Approval from the SBA

Of the total $96,000 loan amount, the SBA guaranteed $76,800.

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 6 employees. This SBA loan request did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Of Blue Valley and they will explain how you can get an SBA loan for your company.

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

Best Overland Park, Kansas Banks for Small Business

Getting a Business Loan in Kansas