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November 21, 2024  
 
 
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Raising Money in Inman, Kansas With SBA Loans

 

 
Loan Census SBA Loan Info

Cutlery and Flatware Manufacturing Business Loans

Looking for business loans for cutlery and flatware manufacturing? An SBA loan may be just what you've been looking for. This $130,000 cutlery and flatware manufacturing loan was issued by a Kansas bank.

This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with First Bank Kansas, out of Salina, Kansas. The loan was granted and they received $130,000 to help grow their Inman, Kansas business.

SBA Loan Borrower

COMPANY TYPE: CUTLERY
INMAN, KS 67546

SBA Loan Lender

FIRST BANK KANSAS
235 S SANTA FE
SALINA, KS 67401

This lender issued this bank loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3421 - Cutlery

NAICS Code

332211 - Cutlery and Flatware Manufacturing

Loan Approval Date

2/6/2001

Loan Approval Gross Amount

$130,000

Loan Approval from the SBA

Of the total $130,000 loan amount, the SBA guaranteed $97,500.

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 4 employees. The SBA loan documents did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

This SBA loan was for $130,000. How would you spend $130,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

The Art of Bootstrapping

SBA Approved Banks in Salina, Kansas

SBA Lenders in Kansas