Company Gets a Kansas Small Business Loan
SBA loans in Kansas are tough to come by these days. We take a look at one Kansas SBA loan, provided by a Kansas bank, that was approved by the SBA.
You can learn something about getting a small business loan in Lacrosse, Kansas by studying this loan to a local business, made back in 2001. Banks like The Nekoma State Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL BAKERIES
LACROSSE, KS 67548
SBA Loan Lender
THE NEKOMA STATE BANK
801 MAIN ST
LA CROSSE, KS 67548
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
311812 - Commercial Bakeries
Loan Approval Date
6/12/2001
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $21,250.
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 4 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
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.
We can help you find the best banks for small businesses in Lacrosse or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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 Credit Evaluation
Good Banks for Small Business in La Crosse, Kansas
Kansas SBA Banks