Manhattan, Kansas Entrepreneur Gets a Bank Loan
Would a Kansas SBA loan help your business get to the next level? If so, you may want to talk with this Kansas bank, which offers SBA loans to Kansas entrepreneurs.
This business, based in Manhattan, Kansas, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Sunflower Bank. We've got the inside scoop on this Kansas small business loan.
SBA Loan Borrower
COMPANY TYPE: EATING PLACES
MANHATTAN, KS 66503
SBA Loan Lender
SUNFLOWER BANK
2090 S OHIO ST
SALINA, KS 67401
This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
3/24/2005
Loan Approval Gross Amount
$274,000
Loan Approval from the SBA
Of the total $274,000 loan amount, the SBA guaranteed $205,500.
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 31 employees. The SBA loan documents did not indicate that the business planned to use the money to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Sunflower Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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 in Salina, Kansas
Getting an SBA Loan in Kansas