Business Loan from National Bank Of Kansas City Given to Jewelry Stores Company
National Bank Of Kansas City has a track record as a leading provider of SBA loans. Find out how this Missouri entrepreneur received an SBA loan from them.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Kansas City, Missouri was able to borrow $139,000 from National Bank Of Kansas City. The SBA made the loan possible by guaranteeing $118,150 of this Missouri small business loan.
SBA Loan Borrower
COMPANY TYPE: JEWELRY STORES
KANSAS CITY, MO 64105
SBA Loan Lender
NATIONAL BANK OF KANSAS CITY
10700 NALL AVE
OVERLAND PARK, KS 66211
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5944 - Jewelry Stores
NAICS Code
448310 - Jewelry Stores
Loan Approval Date
12/4/2003
Loan Approval Gross Amount
$139,000
Loan Approval from the SBA
Of the total $139,000 loan amount, the SBA guaranteed $118,150.
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 5 employees. This SBA loan request did not indicate that the business planned to use the funding to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from National Bank Of Kansas City so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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 Cash Advances
SBA Banks in Overland Park, Kansas
SBA Participating Banks in Kansas