Olathe, Kansas Bank Gives SBA Loan to Engineering Services Company
Get SBA loans from an Olathe, 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.
1st National Bank - Ola is a Olathe, Kansas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Missouri company.
SBA Loan Borrower
COMPANY TYPE: ENGINEERING SERVICES
KANSAS CITY, MO 64145
SBA Loan Lender
1ST NATIONAL BANK - OLA
444 E SANTA FE
OLATHE, KS 66061
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to to entrepreneurs who might have trouble getting a conventional bank loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8711 - Engineering Services
NAICS Code
541330 - Engineering Services
Loan Approval Date
1/29/2001
Loan Approval Gross Amount
$170,000
Loan Approval from the SBA
Of the total $170,000 loan amount, the SBA guaranteed $127,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 34 employees. The SBA loan application for the borrower did not indicate that the business promised 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.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $170,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
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