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November 15, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Kansas City, Business Loans > Commerce Bank Kansas City Business Loans > Pharmaceutical Preparation Manufacturing Loan | ||||
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Requirements for Businesses On Getting a Loan
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Pharmaceutical Preparation Manufacturing LoansWith these loans for pharmaceutical preparation manufacturing, the SBA guarantees the lender that the loan will be repaid. This pharmaceutical preparation manufacturing loan for $1,000,000 was given to a Kansas entrepreneur in 2004. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Gardner, Kansas was able to borrow $1,000,000 from Commerce Bank. The SBA made the loan possible by guaranteeing $750,000 of this Kansas small business loan. SBA Loan Borrower COMPANY TYPE: PHARMACEUTICAL PREPARATION MANUFACTURING SBA Loan Lender COMMERCE 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 bank loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 325412 - Pharmaceutical Preparation Manufacturing Loan Approval Date 6/10/2004 Loan Approval Gross Amount $1,000,000 Loan Approval from the SBA Of the total $1,000,000 loan amount, the SBA guaranteed $750,000. 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 55 employees. This SBA loan request did not indicate that the company planned to use the money to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. 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 in Kansas City, Missouri
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