Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

How to Get SBA Loans from 1st National Bank - Liberal

 

 
Loan Census SBA Loan Info

Liberal, Kansas Business Gets SBA-Guaranteed Funding from 1st National Bank - Liberal

1st National Bank - Liberal and the SBA work together to get business loans for growing small businesses. Here's an example of how a Kansas entrepreneur was able to get a loan to take a small business to the next level.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Liberal, Kansas was able to borrow $10,000 from 1st National Bank - Liberal. The SBA made the loan possible by guaranteeing $5,000 of this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTORS
LIBERAL, KS 67901

SBA Loan Lender

1ST NATIONAL BANK - LIBERAL
324 N KANSAS AVE
LIBERAL, KS 67905

This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

238220 - Plumbing, Heating, and Air-Conditioning Contractors

Loan Approval Date

2/18/2005

Loan Approval Gross Amount

$10,000

Loan Approval from the SBA

Of the total $10,000 loan amount, the SBA guaranteed $5,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the borrowed money would help generate 1 new job.

Getting an SBA Loan For Your Business

If you need money to start business in Liberal KS, you ought to talk with a local Liberal SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Liberal businesses.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from 1st National Bank - Liberal 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:

Realistic Debt Financing Options

SBA Banks in Liberal, Kansas

Where to Get an SBA Loan Kansas