Where to Get Capital for Building Material Dealers

With these small business loans for building material dealers, the SBA guarantees the lender that the loan will be repaid. This building material dealers loan for $92,400 was given to a Kansas entrepreneur in 2003.

Getting a small business loan in Lucas, Kansas was important for this company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from 1st Financial Bank, operating out of Overland Park, Kansas. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: BUILDING MATERIAL DEALERS
LUCAS, KS 67648

SBA Loan Lender

1ST FINANCIAL BANK
11120 W 135TH ST
OVERLAND PARK, KS 66221

This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

444190 - Building Material Dealers

Loan Approval Date

10/8/2003

Loan Approval Gross Amount

$92,400

Loan Approval from the SBA

Of the total $92,400 loan amount, the SBA guaranteed $78,540.

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 2 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

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

We can help you find the best banks for small businesses in Lucas or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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