Condon National Bank SBA Loan to Drinking Places Company
Condon National Bank has a track record as a leading provider of SBA loans. Find out how this Kansas entrepreneur received an SBA loan from them.
Getting a small business loan in Coffeyville, Kansas was an essential business goal for this company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Condon National Bank, operating out of Coffeyville, Kansas. Here are the details on this Kansas small business loan.
SBA Loan Borrower
COMPANY TYPE: DRINKING PLACES
COFFEYVILLE, KS 67337
SBA Loan Lender
CONDON NATIONAL BANK
814 WALNUT ST
COFFEYVILLE, KS 67337
This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722410 - Drinking Places
Loan Approval Date
5/5/2003
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 7 employees. This SBA loan request did not indicate that the business promised to use the money to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you are wondering how to raise money for a company in Coffeyville KS, you ought to talk with a local Coffeyville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Coffeyville businesses.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Condon National Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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.
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