First Bank Kansas Gives Small Business Loan to Cutlery Company
Would a Kansas small business loan help your small business to grow and prosper? If so, you may want to talk with this Kansas bank, which offers SBA loans to Kansas entrepreneurs.
You can learn something about getting a small business loan in Mc Pherson, Kansas by studying this loan to a local company, made back in 2001. Banks like First Bank Kansas may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: CUTLERY
MC PHERSON, KS 67460
SBA Loan Lender
FIRST BANK KANSAS
235 S SANTA FE
SALINA, KS 67401
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3421 - Cutlery
NAICS Code
332211 - Cutlery and Flatware Manufacturing
Loan Approval Date
2/6/2001
Loan Approval Gross Amount
$450,000
Loan Approval from the SBA
Of the total $450,000 loan amount, the SBA guaranteed $337,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 4 employees. The SBA loan documents did not indicate that the small business planned to use the funding 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.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First Bank Kansas that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Obtaining Funding - Getting Venture Capital
Banks in Salina, Kansas
Kansas SBA 7A Lenders