Entrepreneur Works With Lenexa, Kansas Bank to Get an SBA Loan
Get to know Lenexa, Kansas banks that specialize in small business loans and know how to work with entrepreneurs. Premier Bank is one such bank, as evidenced by this SBA loan to a growing company.
Finding a small business loan in Lenexa, Kansas starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Premier Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: INTERIOR DESIGN SERVICES
LENEXA, KS 66210
SBA Loan Lender
PREMIER BANK
15301 W 87TH ST PARKWAY
LENEXA, KS 66219
This lender issued this particular business 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
541410 - Interior Design Services
Loan Approval Date
2/6/2004
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $85,000.
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 8 employees. This SBA loan request did not indicate that the business promised to use the funding to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Premier Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Alternative Financing
SBA Approved Banks in Lenexa, Kansas
SBA Lenders in Kansas