Wichita, Kansas Lender Lends Money to Veterinary Services Company
Get small business loans from a Wichita, Kansas bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Commerce Bank is a Wichita, Kansas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Kansas company.
SBA Loan Borrower
COMPANY TYPE: VETERINARY SERVICES
EL DORADO, KS 67042
SBA Loan Lender
COMMERCE BANK
1551 N WATERFRONT PKWY
WICHITA, KS 67206
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541940 - Veterinary Services
Loan Approval Date
11/7/2003
Loan Approval Gross Amount
$90,075
Loan Approval from the SBA
Of the total $90,075 loan amount, the SBA guaranteed $67,556.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 1 existing job.
Next Steps for Getting an SBA Loan
If you are wondering how to raise money for a business in El Dorado KS, you ought to talk with a local El Dorado SBA lender or talk with an out-of-area SBA lender that has previously loaned money to El Dorado businesses.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Commerce Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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:
Obtaining Funding - How to Borrow Money
Small Bank Loans in Wichita, Kansas
Kansas SBA 7A Lenders