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