Business Loans for Personal Care Services
With these business loans for personal care services, the SBA guarantees the lender that the loan will be repaid. This personal care services loan for $64,000 was given to a Kansas entrepreneur in 2001.
This small business knew how to go about getting a business bank loan. Based in Gardner, Kansas, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Bank Of Blue Valley, based in Overland Park, Kansas.
SBA Loan Borrower
COMPANY TYPE: PERSONAL CARE SERVICES
GARDNER, KS 66030
SBA Loan Lender
BANK OF BLUE VALLEY
11935 RILEY ST
OVERLAND PARK, KS 66213
This lender issued this particular commercial 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
812199 - Personal Care Services
Loan Approval Date
8/9/2001
Loan Approval Gross Amount
$64,000
Loan Approval from the SBA
Of the total $64,000 loan amount, the SBA guaranteed $54,400.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 2 employees. The loan application did not indicate that the business planned 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?
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.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Bank Of Blue Valley that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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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