SBA Loans for Food Crops Grown Under Cover

Looking for SBA loans for food crops grown under cover? Try the SBA. This $60,000 food crops grown under cover loan was issued by a Kansas bank.

Getting a small business loan in Emporia, Kansas was important for this business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from The Lyon County State Bank, operating out of Emporia, Kansas. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: FOOD CROPS GROWN UNDER COVER
EMPORIA, KS 66801

SBA Loan Lender

THE LYON COUNTY STATE BANK
902 MERCHANT ST
EMPORIA, KS 66801

This lender issued this SBA bank loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program was started in 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

0182 - Food Crops Grown Under Cover

NAICS Code

111419 - Food Crops Grown Under Cover

Loan Approval Date

12/22/2004

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. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. The SBA loan documents did not indicate that the small business planned to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

While you may be able to find business people willing to loan money, 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:

Investor Turnoffs

Where to Get an SBA Loan in Emporia, Kansas

Kansas SBA 7A Banks