Business Loans for Home and Garden Equipment Repair and Maintenance

Looking for business loans for home and garden equipment repair and maintenance? Talk to a banker who works with the SBA. This $20,000 home and garden equipment repair and maintenance loan was issued by a Kansas bank.

Getting a small business loan in Great Bend, Kansas was important for this business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Hoisington National Bank, operating out of Hoisington, Kansas. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: HOME AND GARDEN EQUIPMENT REPAIR AND MAINTENANCE
GREAT BEND, KS 67301

SBA Loan Lender

HOISINGTON NATIONAL BANK
2ND & MAIN ST
HOISINGTON, KS 67544

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811411 - Home and Garden Equipment Repair and Maintenance

Loan Approval Date

8/20/2001

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $17,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the small business planned to use the money to increase staffing levels 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.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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

Where to Get an SBA Loan in Hoisington, Kansas

Getting an SBA Loan in Kansas