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November 23, 2024  
 
 
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We Needed an SBA 7A Loan in Lee's Summit, Missouri and We Got One!

 

 
Loan Census SBA Loan Info

Where to Get Capital for Sports and Recreation Instruction

With these small business loans for sports and recreation instruction, the SBA guarantees the lender that the loan will be repaid. This sports and recreation instruction loan for $125,800 was given to a Missouri entrepreneur in 2005.

Getting a small business loan in Lee's Summit, Missouri was important for this growing firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Great Western Bank, operating out of Omaha, Nebraska. Here are the details on this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: SPORTS AND RECREATION INSTRUCTION
LEE'S SUMMIT, MO 64086

SBA Loan Lender

GREAT WESTERN BANK
6015 NW RADIAL HWY
OMAHA, NE 68104

This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

611620 - Sports and Recreation Instruction

Loan Approval Date

3/8/2005

Loan Approval Gross Amount

$125,800

Loan Approval from the SBA

Of the total $125,800 loan amount, the SBA guaranteed $106,930.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 22 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $125,800 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Borrowing Money from Friends and Family

SBA 7A Banks for Omaha, Nebraska Loans

Getting an SBA Loan in Nebraska