Commercial Loans for Tire Dealers

Looking for commercial loans for tire dealers? Talk to a banker who works with the SBA. This $545,300 tire dealers loan was issued by a Kansas bank.

This small business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Swedish-American State Bank, out of Courtland, Kansas. The loan was granted and they received $545,300 to help grow their Courtland, Kansas business.

SBA Loan Borrower

COMPANY TYPE: AUTO AND HOME SUPPLY STORES
COURTLAND, KS 66939

SBA Loan Lender

SWEDISH-AMERICAN STATE BANK
324 LIBERTY ST
COURTLAND, KS 66939

This loan for a small business 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

5531 - Auto and Home Supply Stores

NAICS Code

441320 - Tire Dealers

Loan Approval Date

7/25/2006

Loan Approval Gross Amount

$545,300

Loan Approval from the SBA

Of the total $545,300 loan amount, the SBA guaranteed $408,975.

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 2 employees. The loan application did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Swedish-American State Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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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SBA 7A Lenders in Courtland, Kansas

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