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November 22, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Great Bend, Business Loans > Community Bank Of The Midwest Great Bend Business Loans > Sporting And Athletic Goods Loan | ||||
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Raising Money in Great Bend, Kansas With SBA Loans
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Business Loans for Sporting and Athletic Goods ManufacturingLooking for business loans for sporting and athletic goods manufacturing? The SBA may be the answer. This $355,000 sporting and athletic goods manufacturing loan was issued by a Kansas bank. This small business knew how to go about getting a business bank loan. Based in Great Bend, Kansas, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Community Bank Of The Midwest, based in Great Bend, Kansas. SBA Loan Borrower COMPANY TYPE: SPORTING AND ATHLETIC GOODS SBA Loan Lender COMMUNITY BANK OF THE MIDWEST The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide business loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3949 - Sporting and Athletic Goods NAICS Code 339920 - Sporting and Athletic Goods Manufacturing Loan Approval Date 1/19/2006 Loan Approval Gross Amount $355,000 Loan Approval from the SBA Of the total $355,000 loan amount, the SBA guaranteed $266,250. 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 11 employees. The loan application did not indicate that the company planned to use the money to hire new employees 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. 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: Raising VC Money for Social Networking Companies SBA 7A Banks in Great Bend, Kansas
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