Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Requirements for Small Business Owners On Getting a Loan

 

 
Loan Census SBA Loan Info

SBA Loans for Store Retailers

Looking for SBA loans for store retailers? Try the SBA. This $267,700 store retailers loan was issued by a California bank.

This small business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with U.S. Bank National Association, out of San Diego, California. The loan was granted and they received $267,700 to help grow their Lawrence, Kansas business.

SBA Loan Borrower

COMPANY TYPE: RETAIL STORES
LAWRENCE, KS 66044

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
9918 HIBERT ST, STE 100
SAN DIEGO, CA 92131

This debt financing was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5999 - Retail Stores

NAICS Code

453998 - Store Retailers

Loan Approval Date

12/14/2004

Loan Approval Gross Amount

$267,700

Loan Approval from the SBA

Of the total $267,700 loan amount, the SBA guaranteed $200,775.

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 application for the borrower did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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.

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

Small Bank Loans in San Diego, California

SBA California Lenders