Get an SBA Loan for Drafting Services

With these small business loans for drafting services, the SBA guarantees the lender that the loan will be repaid. This drafting services loan for $300,000 was given to a Kansas entrepreneur in 2005.

Getting a small business loan in Eureka, Kansas was important for this growing firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Olpe State Bank, operating out of Olpe, Kansas. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: DRAFTING SERVICES
EUREKA, KS 67045

SBA Loan Lender

OLPE STATE BANK
202 WESTPHALIA
OLPE, KS 66865

This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541340 - Drafting Services

Loan Approval Date

11/8/2005

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $270,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 13 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $300,000 loan. Remember, things become real when you believe you can achieve them!

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:

Advice on Getting a Small Business Loan

SBA Participating Banks in Olpe, Kansas

Kansas SBA Banks