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December 22, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Cimarron, Business Loans > First National Bank In Cimarron Cimarron Business Loans > General Automotive Repair Loan | ||||
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SBA Lenders in Kansas
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First National Bank In Cimarron SBA Loan to General Automotive Repair CompanyFirst National Bank In Cimarron has a track record as a leading provider of SBA loans. Find out how this Kansas entrepreneur received an SBA loan from them. This business knew how to go about getting a business bank loan. Based in Dodge City, Kansas, they applied for and received an SBA-guaranteed loan in 2001. The lending bank was First National Bank In Cimarron, based in Cimarron, Kansas. SBA Loan Borrower COMPANY TYPE: GENERAL AUTOMOTIVE REPAIR SBA Loan Lender FIRST NATIONAL BANK IN CIMARRON This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811111 - General Automotive Repair Loan Approval Date 5/10/2001 Loan Approval Gross Amount $60,000 Loan Approval from the SBA Of the total $60,000 loan amount, the SBA guaranteed $51,000. 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 only one employee. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you need money to start business in Dodge City KS, you ought to talk with a local Dodge City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Dodge City businesses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $60,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Find an SBA Lender in Cimarron, Kansas
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