Kansas City, Missouri Lender Lends Money to Physicians Company
Thinking about meeting with a Kansas City, Missouri bank about a business loan? Here's one Colorado business loan, issued by a Kansas City bank, that was approved by the SBA.
Applying for an SBA loan with Commerce Bank worked out well for our friends at one local firm in Lone Tree, Colorado. The business was able to get an SBA loan for $50,000. Nice!
SBA Loan Borrower
COMPANY TYPE: PHYSICIANS
LONE TREE, CO 80124
SBA Loan Lender
COMMERCE BANK
1000 WALNUT ST
KANSAS CITY, MO 64141
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
621111 - Physicians
Loan Approval Date
3/11/2004
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $42,500.
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 business promised to use the funding to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
Banking Deregulation's Effects on Entrepreneurship
SBA 7A Lenders in Kansas City, Missouri
Missouri SBA 7A Banks