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November 23, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Ellis, Business Loans > Golden Belt Bank, Fsa Ellis Business Loans > General Automotive Repair Shops Loan | ||||
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Hays, Kansas Bank Loan
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Commercial Loans for General Automotive RepairWith these commercial loans for general automotive repair, the SBA guarantees the lender that the loan will be repaid. This general automotive repair loan for $537,100 was given to a Kansas entrepreneur in 2002. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Hays, Kansas was able to borrow $537,100 from Golden Belt Bank, Fsa. The SBA made the loan possible by guaranteeing $402,825 of this Kansas small business loan. SBA Loan Borrower COMPANY TYPE: GENERAL AUTOMOTIVE REPAIR SHOPS SBA Loan Lender GOLDEN BELT BANK, FSA The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7538 - General Automotive Repair Shops NAICS Code 811111 - General Automotive Repair Loan Approval Date 3/14/2002 Loan Approval Gross Amount $537,100 Loan Approval from the SBA Of the total $537,100 loan amount, the SBA guaranteed $402,825. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 5 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! 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 funding source Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $537,100 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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:
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