Entrepreneur Works With Wamego, Kansas Bank to Get an SBA Loan
A Wamego, Kansas business loan can be yours. Learn how a company got a $1,500,000 business loan from this Kansas bank.
This loan to a local firm is a good example of an SBA loan. Kaw Valley St. Bank & Trust made the loan and the SBA guaranteed a portion of the loan. Many other Kansas entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
COMPANY TYPE: PHARMACEUTICAL PREPARATIONS
KANSAS CITY, KS 66103
SBA Loan Lender
KAW VALLEY ST. BANK & TRUST
1015 KAW VALLEY PARK CIR
WAMEGO, KS 66547
This small business 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
2834 - Pharmaceutical Preparations
NAICS Code
325412 - Pharmaceutical Preparation Manufacturing
Loan Approval Date
6/13/2005
Loan Approval Gross Amount
$1,500,000
Loan Approval from the SBA
Of the total $1,500,000 loan amount, the SBA guaranteed $1,125,000.
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 30 employees. The SBA loan documents did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:
Debt Financing
Best Banks in Wamego, Kansas
Kansas SBA 7A Lenders