Liberal, Kansas Bank Lends Money to Household Appliance Stores Company in Liberal, Kansas
Want to talk with a Liberal, Kansas bank about a business loan? Here's one Kansas business loan, issued by a Liberal bank, that was approved by the SBA.
Applying for an SBA loan with The Community Bank worked out well for our friends at one local firm in Liberal, Kansas. They got an SBA loan for $122,100. Awesome!
SBA Loan Borrower
COMPANY TYPE: HOUSEHOLD APPLIANCE STORES
LIBERAL, KS 67901
SBA Loan Lender
THE COMMUNITY BANK
2320 N KANSAS
LIBERAL, KS 67901
This loan for a small business 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.
NAICS Code
443111 - Household Appliance Stores
Loan Approval Date
2/16/2007
Loan Approval Gross Amount
$122,100
Loan Approval from the SBA
Of the total $122,100 loan amount, the SBA guaranteed $103,785.
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 5 employees. The loan application indicated that the loan would help retain 5 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great way to raise money
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 $122,100 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.
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