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December 24, 2024  
 
 
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Loan Census SBA Loan Info

Lawrence, Kansas Bank Lends Money to Floor Covering Stores Company in Lawrence, Kansas

Thinking about meeting with a Lawrence, Kansas bank about a small business loan? Here's one Kansas business loan, issued by a Lawrence bank, that was approved by the SBA.

Applying for an SBA loan with Douglas County Bank worked out well for our friends at one local business in Lawrence, Kansas. They got an SBA loan for $20,000. Great job!

SBA Loan Borrower

COMPANY TYPE: FLOOR COVERING STORES
LAWRENCE, KS 66046

SBA Loan Lender

DOUGLAS COUNTY BANK
300 W 9TH
LAWRENCE, KS 66044

This small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

442210 - Floor Covering Stores

Loan Approval Date

7/26/2006

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

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 3 employees. The SBA loan documents did not indicate that the company promised to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

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

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:

Small Business Credit Cards

Who Lends Money to Small Businesses in Lawrence, Kansas

Kansas SBA 7A Lenders