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December 19, 2024  
 
 
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Requirements for Small Business Owners On Getting a Loan

 

 
Loan Census SBA Loan Info

Flooring Contractors Loans

Looking for loans for flooring contractors? Talk to a banker who works with the SBA. This $150,000 flooring contractors loan was issued by a Kansas bank.

Getting a small business loan in Lenexa, Kansas was important for this company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Bank Of Blue Valley, operating out of Overland Park, Kansas. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: FLOORING CONTRACTORS
LENEXA, KS 66215

SBA Loan Lender

BANK OF BLUE VALLEY
11935 RILEY ST
OVERLAND PARK, KS 66213

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238330 - Flooring Contractors

Loan Approval Date

12/3/2007

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 7 employees. This SBA loan request indicated that the loan would help retain 7 existing jobs.

Next Steps for Getting an SBA Loan

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.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Of Blue Valley and they will explain how you can get an SBA loan for your company.

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:

Business Cash Advances

Find an SBA Lender in Overland Park, Kansas

SBA Kansas Banks