Loan Census Banking News and Information
December 24, 2024  
 
 
  Business Loan Information  
 

SBA Lenders for Business Owners in Kansas

 

 
Loan Census SBA Loan Info

Kansas Bank Loan Issued to Dentists Company

KansasBank loans are available to Kansas firms through the SBA. In this case, a New Jersey bank provides the loan.

Getting a small business loan in Lawrence, Kansas was a top priority for this loan applicant back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Cit Small Business Lending Corp. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
LAWRENCE, KS 66049

SBA Loan Lender

CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621210 - Dentists

Loan Approval Date

8/26/2003

Loan Approval Gross Amount

$602,000

Loan Approval from the SBA

Of the total $602,000 loan amount, the SBA guaranteed $451,500.

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 5 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We can help you find the best banks for small businesses in Lawrence 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:

Banking Deregulation's Effects on Entrepreneurship

Small Business Banks in Livingston, New Jersey

SBA Lenders in New Jersey