Small Business Loans for Used Merchandise Stores

Looking for small business loans for used merchandise stores? Talk to a banker who works with the SBA. This $72,000 used merchandise stores loan was issued by a Kansas bank.

This small firm knew how to go about getting a business bank loan. Based in Emporia, Kansas, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Esb Financial, based in Emporia, Kansas.

SBA Loan Borrower

COMPANY TYPE: USED MERCHANDISE STORES
EMPORIA, KS 66801

SBA Loan Lender

ESB FINANCIAL
801 MERCHANT ST
EMPORIA, KS 66801

This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453310 - Used Merchandise Stores

Loan Approval Date

1/6/2003

Loan Approval Gross Amount

$72,000

Loan Approval from the SBA

Of the total $72,000 loan amount, the SBA guaranteed $61,200.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The SBA loan documents did not indicate that the company promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

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:

SBIR Funding

Best Emporia, Kansas Banks for Small Business

Getting an SBA Loan in Kansas