Drinking Places Business Loans
With these business loans for drinking places, the SBA guarantees the lender that the loan will be repaid. This drinking places loan for $20,200 was given to a Kansas entrepreneur in 2002.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Bronson, Kansas was able to borrow $20,200 from Union State Bank. The SBA made the loan possible by guaranteeing $17,170 of this Kansas small business loan.
SBA Loan Borrower
COMPANY TYPE: DRINKING PLACES
BRONSON, KS 66716
SBA Loan Lender
UNION STATE BANK
204 SHERMAN
UNIONTOWN, KS 66779
This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5813 - Drinking Places
NAICS Code
722410 - Drinking Places
Loan Approval Date
11/1/2002
Loan Approval Gross Amount
$20,200
Loan Approval from the SBA
Of the total $20,200 loan amount, the SBA guaranteed $17,170.
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 2 employees. The SBA loan documents did not indicate that the company promised to use the funding to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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
SBA Participating Banks in Uniontown, Kansas
Kansas SBA 7A Banks