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November 23, 2024  
 
 
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Lawrence, Kansas Bank Loan

 

 
Loan Census SBA Loan Info

Raising Money for Bowling Centers

Looking for business loans for bowling centers? Try the SBA. This $1,512,000 bowling centers loan was issued by a Kansas bank.

Getting a small business loan in Lawrence, Kansas was important for this business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Sunflower Bank, operating out of Lawrence, Kansas. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: BOWLING CENTERS
LAWRENCE, KS 66044

SBA Loan Lender

SUNFLOWER BANK
4831 QUAIL CREST PL
LAWRENCE, KS 66049

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713950 - Bowling Centers

Loan Approval Date

9/27/2005

Loan Approval Gross Amount

$1,512,000

Loan Approval from the SBA

Of the total $1,512,000 loan amount, the SBA guaranteed $1,134,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 27 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to increase staffing levels 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.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Sunflower Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Sunflower Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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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