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November 24, 2024  
 
 
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Overland Park SBA Lenders

 

 
Loan Census SBA Loan Info

Overland Park, Kansas Bank Lends Money to Car Washes Company in Denver, Colorado

Get SBA loans from an Overland Park, Kansas bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

National Bank Of Kansas City is a Overland Park, Kansas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Colorado company.

SBA Loan Borrower

COMPANY TYPE: CAR WASHES
DENVER, CO 80222

SBA Loan Lender

NATIONAL BANK OF KANSAS CITY
10700 NALL AVE
OVERLAND PARK, KS 66211

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811192 - Car Washes

Loan Approval Date

9/1/2005

Loan Approval Gross Amount

$675,000

Loan Approval from the SBA

Of the total $675,000 loan amount, the SBA guaranteed $506,250.

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 40 employees. The SBA loan documents indicated that the loan would help retain 40 existing jobs.

Great, But How Can I Get an SBA Loan for My 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.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from National Bank Of Kansas City so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Obtaining Funding - How to Borrow Money

Small Bank Loans in Overland Park, Kansas

SBA Lenders in Kansas