How to Get a Loan for Aircraft Parts and Auxiliary Equipment Manufacturing
With these business loans for aircraft parts and auxiliary equipment manufacturing, the SBA guarantees the lender that the loan will be repaid. This aircraft parts and auxiliary equipment manufacturing loan for $1,142,000 was given to a Kansas entrepreneur in 2006.
Getting a small business loan in Clearwater, Kansas was important for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Home Bank & Trust Company, operating out of Eureka, Kansas. Here are the details on this Kansas small business loan.
SBA Loan Borrower
COMPANY TYPE: AIRCRAFT PARTS AND AUXILIARY EQUIPMENT, N.E.C
CLEARWATER, KS 67206
SBA Loan Lender
HOME BANK & TRUST COMPANY
217 N MAIN ST
EUREKA, KS 67045
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3728 - Aircraft Parts and Auxiliary Equipment, N.E.C
NAICS Code
336413 - Aircraft Parts and Auxiliary Equipment Manufacturing
Loan Approval Date
4/28/2006
Loan Approval Gross Amount
$1,142,000
Loan Approval from the SBA
Of the total $1,142,000 loan amount, the SBA guaranteed $856,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 13 employees. The SBA loan documents did not indicate that the business planned to use the funding to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $1,142,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
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SBA Banks in Eureka, Kansas
SBA Lenders in Kansas