Get an SBA Loan for Retail Bakeries
Looking for small business loans for retail bakeries? Talk to a banker who works with the SBA. This $67,000 retail bakeries loan was issued by a Kansas bank.
This company knew how to go about getting a business bank loan. Based in Lindsborg, Kansas, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Farmers State Bank, based in Lindsborg, Kansas.
SBA Loan Borrower
COMPANY TYPE: RETAIL BAKERIES
LINDSBORG, KS 67456
SBA Loan Lender
FARMERS STATE BANK
447 HARRISON
LINDSBORG, KS 67456
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
311811 - Retail Bakeries
Loan Approval Date
6/17/2003
Loan Approval Gross Amount
$67,000
Loan Approval from the SBA
Of the total $67,000 loan amount, the SBA guaranteed $56,950.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
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Best Banks for Small Business in Lindsborg, Kansas
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