 |
 |
November 21, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Kansas Business Loan Sources > Ellsworth, Business Loans > Citizens St. Bank & Trust. Ellsworth Business Loans > Convenience Stores Loan | ||||
 |
||||
Who Lends Money to Kanopolis Small Business Owners
|
||||
 |
Kanopolis, Kansas Entrepreneur Gets a Bank LoanKansasSBA loans are available to Kansas entrepreneurs through the SBA. In this case, a Kansas bank provides the loan. By giving the right information to Citizens St. Bank & Trust., this Kanopolis, Kansas business was able to get an SBA loan. To get this loan, the applying company gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: CONVENIENCE STORES SBA Loan Lender CITIZENS ST. BANK & TRUST. This was a Low Documentation SBA loan. The SBA launched this program to minimize the paperwork associated with getting a loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445120 - Convenience Stores Loan Approval Date 9/30/2003 Loan Approval Gross Amount $119,200 Loan Approval from the SBA Of the total $119,200 loan amount, the SBA guaranteed $101,320. 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 5 employees. The loan application did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. 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 Citizens St. Bank & Trust. 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: SBA Participating Banks in Ellsworth, Kansas
|
|
||
|
||||
|
|
||||