Kansas City, Kansas Bank Gives SBA Loan to Fresh Fruits And Vegetables Company

Find Kansas City, Kansas banks that specialize in business loans and know how to work with entrepreneurs. First St. Bank - Kansas City Kan is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Kansas City, Kansas starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from First St. Bank - Kansas City Kan. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: FRESH FRUITS AND VEGETABLES
KANSAS CITY, KS 66106

SBA Loan Lender

FIRST ST. BANK - KANSAS CITY KAN
650 KANSAS AVE
KANSAS CITY, KS 66105

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5148 - Fresh Fruits and Vegetables

NAICS Code

422480 - Fresh Fruit and Vegetable Wholesalers

Loan Approval Date

6/6/2000

Loan Approval Gross Amount

$45,000

Loan Approval from the SBA

Of the total $45,000 loan amount, the SBA guaranteed $36,000.

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 47 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $45,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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.

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