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November 15, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Coffeyville, Business Loans > Condon National Bank Coffeyville Business Loans > Household Appliances Loan | ||||
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Banks That Lend to Kansas Small Business Owners
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Kansas Bank Loan Issued to Household Appliances CompanyLooking to get a Kansas SBA loan? This Kansas entrepreneur got an SBA loan, provided by a Kansas bank that works with the SBA to help small business owners. Getting a small business loan in Derby, Kansas was a top priority for this particular business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Condon National Bank. Here are the details on this Kansas small business loan. SBA Loan Borrower COMPANY TYPE: HOUSEHOLD APPLIANCES SBA Loan Lender CONDON NATIONAL BANK This lender issued this particular SBA bank 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. SIC Code 3639 - Household Appliances Loan Approval Date 4/27/2000 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $112,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees. Next Steps for Getting an SBA Loan If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money While you may be able to find business people willing to loan money, 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: SBA Approved Banks in Coffeyville, Kansas
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