1st National Bank & Trust - Junctio SBA Loan to Residential Care Company
Looking to get a Kansas small business loan? Here's one Kansas business loan that was approved by the SBA.
This up and coming company knew how to go about getting a business bank loan. Based in Junction City, Kansas, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was 1st National Bank & Trust - Junctio, based in Junction City, Kansas.
SBA Loan Borrower
COMPANY TYPE: RESIDENTIAL CARE
JUNCTION CITY, KS 66441
SBA Loan Lender
1ST NATIONAL BANK & TRUST - JUNCTIO
702 N WASHINGTON
JUNCTION CITY, KS 66441
This commercial 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
8361 - Residential Care
Loan Approval Date
6/23/2000
Loan Approval Gross Amount
$76,000
Loan Approval from the SBA
Of the total $76,000 loan amount, the SBA guaranteed $60,800.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like 1st National Bank & Trust - Junctio and they will explain how you can get an SBA loan for your company.
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:
Angel Investors
SBA Approved Banks in Junction City, Kansas
SBA Kansas Banks