Borrowing Money for Tradebinding and Related Work

With these bank loans for tradebinding and related work, the SBA guarantees the lender that the loan will be repaid. This tradebinding and related work loan for $477,500 was given to a Missouri entrepreneur in 2003.

This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Bank Of Blue Valley, out of Overland Park, Kansas. The loan was granted and they received $477,500 to help grow their Kansas City, Missouri business.

SBA Loan Borrower

COMPANY TYPE: BOOKBINDING AND RELATED WORK
KANSAS CITY, MO 64127

SBA Loan Lender

BANK OF BLUE VALLEY
11935 RILEY ST
OVERLAND PARK, KS 66213

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA bank loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2789 - Bookbinding and Related Work

NAICS Code

323121 - Tradebinding and Related Work

Loan Approval Date

5/7/2003

Loan Approval Gross Amount

$477,500

Loan Approval from the SBA

Of the total $477,500 loan amount, the SBA guaranteed $358,125.

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 32 employees. The loan application did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

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 borrow money from friends and family, 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:

Family and Friend Investors - Your First Financiers

Banks in Overland Park, Kansas

Kansas SBA Bank Lenders