Small Business Loans for Independent Artists, Writers, and Performers
With these small business loans for independent artists, writers, and performers, the SBA guarantees the lender that the loan will be repaid. This independent artists, writers, and performers loan for $27,000 was given to a Kansas entrepreneur in 2001.
This small firm received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with The Lyon County State Bank, out of Emporia, Kansas. The loan was granted and they received $27,000 to help grow their Emporia, Kansas business.
SBA Loan Borrower
COMPANY TYPE: INDEPENDENT ARTISTS, WRITERS, AND PERFORMERS
EMPORIA, KS 66801
SBA Loan Lender
THE LYON COUNTY STATE BANK
902 MERCHANT ST
EMPORIA, KS 66801
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
711510 - Independent Artists, Writers, and Performers
Loan Approval Date
9/14/2001
Loan Approval Gross Amount
$27,000
Loan Approval from the SBA
Of the total $27,000 loan amount, the SBA guaranteed $22,950.
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 only one employee. The SBA loan documents did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
We've showcased information on this loan to let you know that businesses like yours 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:
Business Incubators
Good Banks for Small Business in Emporia, Kansas
SBA Participating Banks in Kansas