Commercial Loans for Residential Care Facilities

With these commercial loans for residential care facilities, the SBA guarantees the lender that the loan will be repaid. This residential care facilities loan for $311,400 was given to a Kansas entrepreneur in 2006.

Getting a small business loan in Leawood, Kansas was important for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Country Club Bank, operating out of Kansas City, Missouri. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: RESIDENTIAL CARE
LEAWOOD, KS 66206

SBA Loan Lender

COUNTRY CLUB BANK
4328 MADISON
KANSAS CITY, MO 64111

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

8361 - Residential Care

NAICS Code

623990 - Residential Care Facilities

Loan Approval Date

4/26/2006

Loan Approval Gross Amount

$311,400

Loan Approval from the SBA

Of the total $311,400 loan amount, the SBA guaranteed $233,550.

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 6 employees. This SBA loan request did not indicate that the company planned to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you want money for new small business in Leawood KS, you ought to talk with a local Leawood SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Leawood businesses.

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

Microlending as a Small Business Funding Source

Good Banks for Small Business in Kansas City, Missouri

Getting an SBA Loan in Missouri