Chemical and Allied Products Wholesalers Business Loans

With these business loans for chemical and allied products wholesalers, the SBA guarantees the lender that the loan will be repaid. This chemical and allied products wholesalers loan for $511,250 was given to a Kansas entrepreneur in 2006.

Getting a small business loan in Kansas City, Kansas was important for this business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Commerce Bank, operating out of Shawnee, Kansas. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: CHEMICAL AND ALLIED PRODUCTS
KANSAS CITY, KS 66102

SBA Loan Lender

COMMERCE BANK
11101 JOHNSON DR
SHAWNEE, KS 66203

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

5169 - Chemical and Allied Products

NAICS Code

422690 - Chemical and Allied Products Wholesalers

Loan Approval Date

3/28/2006

Loan Approval Gross Amount

$511,250

Loan Approval from the SBA

Of the total $511,250 loan amount, the SBA guaranteed $383,438.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 85 employees. The loan application did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you need money to start business in Kansas City KS, you ought to talk with a local Kansas City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Kansas City 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 Commerce Bank 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:

Investor Turnoffs

SBA Participating Banks in Shawnee, Kansas

Kansas SBA Bank Lenders