Bank Loans for Aircraft Parts and Auxiliary Equipment Manufacturing

Looking for bank loans for aircraft parts and auxiliary equipment manufacturing? Try the SBA. This $885,480 aircraft parts and auxiliary equipment manufacturing loan was issued by a Kansas bank.

This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with First State Bank & Trust, out of Tonganoxie, Kansas. The loan was granted and they received $885,480 to help grow their Clearwater, Kansas business.

SBA Loan Borrower

COMPANY TYPE: AIRCRAFT PARTS AND AUXILIARY EQUIPMENT, N.E.C
CLEARWATER, KS 67026

SBA Loan Lender

FIRST STATE BANK & TRUST
400 BURY
TONGANOXIE, KS 66086

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial 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

2/22/2006

Loan Approval Gross Amount

$885,480

Loan Approval from the SBA

Of the total $885,480 loan amount, the SBA guaranteed $664,110.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 40 employees. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

While you may be able to borrow money from friends and family, 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:

Alternative Financing

SBA Participating Banks in Tonganoxie, Kansas

Kansas SBA Bank Lenders