Larned, Kansas Bank Lends Money to Motor Vehicle Supplies And New Parts Merchant Wholesalers Company in Larned, Kansas

Get to know Larned, Kansas banks that specialize in SBA loans and know how to work with entrepreneurs. First National Bank & Trust In Larne is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Larned, Kansas starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from First National Bank & Trust In Larne. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: MOTOR VEHICLE SUPPLIES AND NEW PARTS MERCHANT WHOLESALERS
LARNED, KS 67550

SBA Loan Lender

FIRST NATIONAL BANK & TRUST IN LARNE
102 W 6TH ST
LARNED, KS 67550

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

423120 - Motor Vehicle Supplies and New Parts Merchant Wholesalers

Loan Approval Date

12/15/2006

Loan Approval Gross Amount

$13,900

Loan Approval from the SBA

Of the total $13,900 loan amount, the SBA guaranteed $11,815.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 3 employees. The loan application indicated that the loan would help generate 1 new job and retain 1 existing job.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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.

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