Lincoln, Kansas Business Gets SBA-Guaranteed Funding from Thunder Bank
An SBA loan from Thunder Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Lincoln, Kansas business owner got a $27,500 loan.
Getting a small business loan in Lincoln, Kansas was an essential business goal for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Thunder Bank, operating out of Sylvan Grove, Kansas. Here are the details on this Kansas small business loan.
SBA Loan Borrower
COMPANY TYPE: TRUCKING
LINCOLN, KS 67455
SBA Loan Lender
THUNDER BANK
102 N MAIN ST
SYLVAN GROVE, KS 67481
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide small business loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
4213 - Trucking
NAICS Code
484230 - Specialized Long-Distance Freight Trucking
Loan Approval Date
12/2/2005
Loan Approval Gross Amount
$27,500
Loan Approval from the SBA
Of the total $27,500 loan amount, the SBA guaranteed $23,375.
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 only one employee. This SBA loan request did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Understanding Dilution
Small Bank Loans in Sylvan Grove, Kansas
Kansas SBA 7A Lenders