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November 15, 2024  
 
 
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Raising Money in Garden City, Kansas With SBA Loans

 

 
Loan Census SBA Loan Info

SBA Loans for Soil Preparation, Planting, and Cultivating

Looking for SBA loans for soil preparation, planting, and cultivating? Talk to a banker who works with the SBA. This $27,400 soil preparation, planting, and cultivating loan was issued by a Kansas bank.

Getting a small business loan in Garden City, Kansas was important for this business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Garden City State Bank, operating out of Garden City, Kansas. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: SOIL PREPARATION, PLANTING, AND CULTIVATING
GARDEN CITY, KS 67846

SBA Loan Lender

GARDEN CITY STATE BANK
1910 E MARY ST
GARDEN CITY, KS 67846

The lender provided this debt financing through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

115112 - Soil Preparation, Planting, and Cultivating

Loan Approval Date

9/20/2007

Loan Approval Gross Amount

$27,400

Loan Approval from the SBA

Of the total $27,400 loan amount, the SBA guaranteed $13,700.

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 only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Garden City State Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

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Small Business Banks in Garden City, Kansas

Getting a Business Loan in Kansas