Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Kansas Bank SBA Loans

 

 
Loan Census SBA Loan Info

Kansas City, Kansas Lender Lends Money to Video Tape Rental Company

Get SBA loans from a Kansas City, Kansas bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

Security Bank Of Kansas City is a Kansas City, Kansas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Kansas company.

SBA Loan Borrower

COMPANY TYPE: VIDEO TAPE RENTAL
KANSAS CITY, KS 66109

SBA Loan Lender

SECURITY BANK OF KANSAS CITY
82ND ST & PARALLEL PKWY
KANSAS CITY, KS 66112

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7841 - Video Tape Rental

NAICS Code

532230 - Video Tape and Disc Rental

Loan Approval Date

8/29/2005

Loan Approval Gross Amount

$170,400

Loan Approval from the SBA

Of the total $170,400 loan amount, the SBA guaranteed $127,800.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 8 employees. The loan application did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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:

How Much Venture Capital Is There?

SBA 7A Banks for Kansas City, Kansas Loans

Kansas SBA Bank Lenders