Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

Goodland, Kansas Bank Loan

 

 
Loan Census SBA Loan Info

Where to Get Capital for Sewage Treatment Facilities

Looking for SBA loans for sewage treatment facilities? Try the SBA. This $55,000 sewage treatment facilities loan was issued by a Kansas bank.

This small business knew how to go about getting a business bank loan. Based in Goodland, Kansas, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was First National Bank, based in Goodland, Kansas.

SBA Loan Borrower

COMPANY TYPE: SEWERAGE SYSTEMS
GOODLAND, KS 67735

SBA Loan Lender

FIRST NATIONAL BANK
202 E 11TH ST
GOODLAND, KS 67735

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4952 - Sewerage Systems

NAICS Code

221320 - Sewage Treatment Facilities

Loan Approval Date

4/21/2000

Loan Approval Gross Amount

$55,000

Loan Approval from the SBA

Of the total $55,000 loan amount, the SBA guaranteed $44,000.

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 only one employee. The loan application did not indicate that the business planned to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

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 $55,000 loan. Remember, where there is a will, there is a way!

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:

Determining Proper Capital Structure for a Business

Banks in Goodland, Kansas

Find an SBA Lender in Kansas