SBA Loan from Lyons Fed. Savings Association Helps Florists Company

An SBA loan from Lyons Fed. Savings Association typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Lyons, Kansas business owner got a $119,200 loan.

Getting a small business loan in Lyons, Kansas was an essential business goal for this company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Lyons Fed. Savings Association, operating out of Lyons, Kansas. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: FLORISTS
LYONS, KS 67554

SBA Loan Lender

LYONS FED. SAVINGS ASSOCIATION
200 EAST AVE SOUTH
LYONS, KS 67554

The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

453110 - Florists

Loan Approval Date

4/12/2006

Loan Approval Gross Amount

$119,200

Loan Approval from the SBA

Of the total $119,200 loan amount, the SBA guaranteed $59,600.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 5 existing jobs.

Getting an SBA Loan For Your 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.

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