Loan Census Banking News and Information
November 24, 2024  
 
 
  Business Loan Information  
 

Dodge City, Kansas SBA Banks

 

 
Loan Census SBA Loan Info

Dodge City, Kansas Lender Lends Money to Chiropractors Company

Want to talk with a Dodge City, Kansas bank about a business loan? Here's one Kansas business loan, issued by a Dodge City bank, that was approved by the SBA.

Applying for an SBA loan with Sunflower Bank worked out well for our friends at one local business in Dodge, Kansas. They received an SBA loan for $135,200. Nice!

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
DODGE, KS 67801

SBA Loan Lender

SUNFLOWER BANK
2408 N 1ST
DODGE CITY, KS 67801

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621310 - Chiropractors

Loan Approval Date

7/2/2003

Loan Approval Gross Amount

$135,200

Loan Approval from the SBA

Of the total $135,200 loan amount, the SBA guaranteed $114,920.

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 3 employees. The loan application did not indicate that the company promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Sunflower Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Sunflower Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

The Friends and Family Network

SBA Approved Banks in Dodge City, Kansas

Kansas SBA Bank Lenders