Sunflower Bank SBA Loan to Local Trucking Without Storage Company
Sunflower Bank has a track record as a leading provider of SBA loans. Find out how this Kansas entrepreneur received an SBA loan from them.
This small firm 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 Sunflower Bank, based in Salina, Kansas.
SBA Loan Borrower
COMPANY TYPE: LOCAL TRUCKING WITHOUT STORAGE
DODGE CITY, KS 67801
SBA Loan Lender
SUNFLOWER BANK
2090 S OHIO ST
SALINA, KS 67401
This lender issued this SBA loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
4212 - Local Trucking Without Storage
NAICS Code
484220 - Specialized Local Freight Trucking
Loan Approval Date
7/27/2001
Loan Approval Gross Amount
$199,300
Loan Approval from the SBA
Of the total $199,300 loan amount, the SBA guaranteed $149,475.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 8 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
While you may be able to find other ways to get money to start a business, 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:
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Where to Get an SBA Loan in Salina, Kansas
Getting an SBA Loan in Kansas