Borrowing Money for Residential Property Managers

Looking for loans for residential property managers? An SBA loan may be just what you've been looking for. This $74,300 residential property managers loan was issued by a Kansas bank.

Getting a small business loan in Hays, Kansas was important for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from First National Bank, operating out of Hays, Kansas. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: REAL ESTATE AGENTS AND MANAGERS
HAYS, KS 67601

SBA Loan Lender

FIRST NATIONAL BANK
1100 FORT ST
HAYS, KS 67601

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

6531 - Real Estate Agents and Managers

NAICS Code

531311 - Residential Property Managers

Loan Approval Date

12/1/2004

Loan Approval Gross Amount

$74,300

Loan Approval from the SBA

Of the total $74,300 loan amount, the SBA guaranteed $63,155.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 business planned to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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 $74,300 loan. Remember, fight for what you want, and it will be yours!

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.

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