Kansas City, Missouri Lender Lends Money to Full-Service Restaurants Company

Thinking about meeting with a Kansas City, Missouri bank about an SBA loan? Here's one Kansas business loan, issued by a Kansas City bank, that was approved by the SBA.

Applying for an SBA loan with Umb Bank worked out well for our friends at one local firm in Kansas City, Kansas. They received an SBA loan for $100,000. Nice!

SBA Loan Borrower

COMPANY TYPE: FULL-SERVICE RESTAURANTS
KANSAS CITY, KS 66111

SBA Loan Lender

UMB BANK
1010 GRAND BLVD
KANSAS CITY, MO 64106

This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

11/7/2006

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $75,000.

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 only one employee. This SBA loan request indicated that the loan would help generate 35 new jobs and retain 35 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a 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.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Umb Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for 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:

Obtaining Funding - Friends and Family

Where to Get an SBA Loan in Kansas City, Missouri

Where to Get an SBA Loan Missouri