 |
 |
December 22, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Kansas Business Loan Sources > Overland Park, Business Loans > Bank Of Blue Valley Overland Park Business Loans > Offices And Clinics Of Doctors Of Medicine Loan | ||||
 |
||||
Overland Park, Kansas SBA Banks
|
||||
 |
Entrepreneur Works With Overland Park, Kansas Bank to Get an SBA LoanGet to know Overland Park, Kansas banks that specialize in business loans and know how to work with entrepreneurs. Bank Of Blue Valley is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in Levenworth, Kansas starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from Bank Of Blue Valley. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: OFFICES AND CLINICS OF DOCTORS OF MEDICINE SBA Loan Lender BANK OF BLUE VALLEY This lender issued this commercial loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8011 - Offices and Clinics of Doctors of Medicine NAICS Code 621112 - Physicians, Mental Health Specialists Loan Approval Date 7/6/2004 Loan Approval Gross Amount $210,000 Loan Approval from the SBA Of the total $210,000 loan amount, the SBA guaranteed $157,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the small 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? Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. 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 $210,000 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: Best Overland Park, Kansas Banks for Small Business
|
|
||
|
||||
|
|
||||