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November 14, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Olpe, Business Loans > Olpe State Bank Olpe Business Loans > Business Services Loan | ||||
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SBA Lenders Kansas
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Entrepreneur Works With Olpe, Kansas Bank to Get an SBA LoanAn Olpe, Kansas business loan can be yours. Learn how a company got a $266,666 business loan from this Kansas bank. This loan to an entrepreneur is a good example of an SBA loan. Olpe State Bank made the loan and the SBA guaranteed a portion of the loan. Many other Kansas entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: BUSINESS SERVICES SBA Loan Lender OLPE STATE BANK The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7389 - Business Services NAICS Code 541340 - Drafting Services Loan Approval Date 5/16/2002 Loan Approval Gross Amount $266,666 Loan Approval from the SBA Of the total $266,666 loan amount, the SBA guaranteed $200,000. 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 7 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. 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: Best Banks for Small Business in Olpe, Kansas Where to Get an SBA Loan Kansas
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