Kansas City, Missouri Entrepreneur Gets a Small Business Loan

Looking to get a Missouri business loan? This Missouri entrepreneur got a business loan, provided by a Missouri bank that works with the SBA to help small business owners.

Getting a small business loan in Kansas City, Missouri was a top priority for this SBA-financed company back in 2008 and, based on their loan application, they were successful in getting an SBA loan from Mazuma Cu. Here are the details on this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: BARBER SHOPS
KANSAS CITY, MO 64134

SBA Loan Lender

MAZUMA CU
9300 TROOST AVE
KANSAS CITY, MO 64131

The lender provided this loan for a small business 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

812111 - Barber Shops

Loan Approval Date

2/5/2008

Loan Approval Gross Amount

$22,000

Loan Approval from the SBA

Of the total $22,000 loan amount, the SBA guaranteed $11,000.

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 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs.

Getting an SBA Loan For Your Business

If you need money to start business in Kansas City MO, 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.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Mazuma Cu and they will explain how you can get an SBA loan for your company.

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 Incubators

Small Business Banks in Kansas City, Missouri

Missouri SBA 7A Lenders