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December 19, 2024  
 
 
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Loan Census SBA Loan Info

Entrepreneur Works With Olpe, Kansas Bank to Get an SBA Loan

An 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
EUREKA, KS 67405

SBA Loan Lender

OLPE STATE BANK
202 WESTPHALIA
OLPE, KS 66865

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.

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