Business Loan from Girard National Bank Given to Eating Places Company

An SBA loan from Girard National Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Hiawatha, Kansas business owner got a $80,000 loan.

Getting a small business loan in Hiawatha, Kansas was an essential business goal for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Girard National Bank, operating out of Holton, Kansas. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: EATING PLACES
HIAWATHA, KS 66434

SBA Loan Lender

GIRARD NATIONAL BANK
100 E 5TH ST
HOLTON, KS 66436

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

11/26/2001

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $68,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 small business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? 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.

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