Local Business Gets a Kansas Business Loan
Want a Kansas business loan? This Kansas entrepreneur got a business loan, provided by a California bank that works with the SBA to help small business owners.
Getting a small business loan in Junction City, Kansas was a top priority for this SBA-financed company back in 2008 and, based on their loan application, they were successful in getting an SBA loan from Superior Financial Group, LLC. Here are the details on this Kansas small business loan.
SBA Loan Borrower
COMPANY TYPE: TITLE ABSTRACT AND SETTLEMENT OFFICES
JUNCTION CITY, KS 66441
SBA Loan Lender
SUPERIOR FINANCIAL GROUP, LLC
165 LENNON LANE, SUITE 101
WALNUT CREEK, CA 94598
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA business loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541191 - Title Abstract and Settlement Offices
Loan Approval Date
1/25/2008
Loan Approval Gross Amount
$5,000
Loan Approval from the SBA
Of the total $5,000 loan amount, the SBA guaranteed $4,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
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 $5,000 loan. Remember, anyone can do it... so why not 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.
Related Links:
Direct Public Offerings
Who Lends Money to Small Businesses in Walnut Creek, California
SBA Participating Banks in California