Ornamental and Architectural Metal Work Manufacturing Bank Loans
With these bank loans for ornamental and architectural metal work manufacturing, the SBA guarantees the lender that the loan will be repaid. This ornamental and architectural metal work manufacturing loan for $48,000 was given to a Kansas entrepreneur in 2003.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Kansas City, Kansas was able to borrow $48,000 from First St. Bank - Kansas City Kan. The SBA made the loan possible by guaranteeing $24,000 of this Kansas small business loan.
SBA Loan Borrower
COMPANY TYPE: ORNAMENTAL AND ARCHITECTURAL METAL WORK MANUFACTURING
KANSAS CITY, KS 66105
SBA Loan Lender
FIRST ST. BANK - KANSAS CITY KAN
650 KANSAS AVE
KANSAS CITY, KS 66105
The lender provided this SBA loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
332323 - Ornamental and Architectural Metal Work Manufacturing
Loan Approval Date
6/12/2003
Loan Approval Gross Amount
$48,000
Loan Approval from the SBA
Of the total $48,000 loan amount, the SBA guaranteed $24,000.
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 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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:
Business Credit Evaluation
Banks in Kansas City, Kansas
Kansas SBA Banks