Great Bend, Kansas Business Gets SBA-Guaranteed Funding from Hoisington National Bank

Hoisington National Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a Kansas entrepreneur was able to get a loan to take a small business to the next level.

Getting a small business loan in Great Bend, Kansas was an essential business goal for this firm back in 2004 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: LANDSCAPING SERVICES
GREAT BEND, KS 67530

SBA Loan Lender

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

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.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

3/11/2004

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $12,750.

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 2 employees. The loan application did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need money to start business in Great Bend KS, you ought to talk with a local Great Bend SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Great Bend businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

How Equity Dilution Works

SBA 7A Lenders in Hoisington, Kansas

SBA Kansas Banks