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November 14, 2024  
 
 
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Loan Census SBA Loan Info

Specialty Trade Contractors Small Business Loans

Looking for small business loans for specialty trade contractors? Try the SBA. This $60,000 specialty trade contractors loan was issued by a Kansas bank.

This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Emprise Bank, out of Wichita, Kansas. The loan was granted and they received $60,000 to help grow their El Dorado, Kansas business.

SBA Loan Borrower

COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
EL DORADO, KS 67042

SBA Loan Lender

EMPRISE BANK
257 N BROADWAY
WICHITA, KS 67202

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

238990 - Specialty Trade Contractors

Loan Approval Date

3/25/2005

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 an existing 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 4 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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.

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