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December 19, 2024  
 
 
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Raising Money in Colby, Kansas With SBA Loans

 

 
Loan Census SBA Loan Info

Photography Studios, Portrait Bank Loans

Looking for bank loans for photography studios, portrait? Try the SBA. This $91,000 photography studios, portrait loan was issued by a Kansas bank.

Getting a small business loan in Colby, Kansas was important for this company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Farmers & Merchants Bank - Colb, operating out of Colby, Kansas. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: PHOTOGRAPHY STUDIOS, PORTRAIT
COLBY, KS 67701

SBA Loan Lender

FARMERS & MERCHANTS BANK - COLB
240 W FOURTH ST
COLBY, KS 67701

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541921 - Photography Studios, Portrait

Loan Approval Date

11/13/2007

Loan Approval Gross Amount

$91,000

Loan Approval from the SBA

Of the total $91,000 loan amount, the SBA guaranteed $77,350.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 4 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a business in Colby KS, you ought to talk with a local Colby SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Colby businesses.

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:

Equity Financing

Where to Get an SBA Loan in Colby, Kansas

Getting an SBA Loan in Kansas