First National Bank & Trust In Larne SBA Loan to Specialty Food Stores Company

First National Bank & Trust In Larne has a track record as a leading provider of SBA loans. Find out how this Kansas entrepreneur received an SBA loan from them.

Getting a small business loan in Larned, Kansas was an essential business goal for this company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from First National Bank & Trust In Larne, operating out of Larned, Kansas. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: SPECIALTY FOOD STORES
LARNED, KS 67550

SBA Loan Lender

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

This lender issued this loan for a small business under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445299 - Specialty Food Stores

Loan Approval Date

1/17/2007

Loan Approval Gross Amount

$16,400

Loan Approval from the SBA

Of the total $16,400 loan amount, the SBA guaranteed $13,940.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the borrowed money would help create 4 new jobs.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First National Bank & Trust In Larne are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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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