Business Loan from Country Club Bank Given to Commercial Equipment Company
An SBA loan from Country Club Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Merriam, Kansas business owner got a $126,000 loan.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Merriam, Kansas was able to borrow $126,000 from Country Club Bank. The SBA made the loan possible by guaranteeing $94,500 of this Kansas small business loan.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL EQUIPMENT
MERRIAM, KS 66203
SBA Loan Lender
COUNTRY CLUB BANK
9400 MISSION RD
SHAWNEE MISSION, KS 66206
This SBA loan was granted by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA promises a quick answer on whether the loan qualifies.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5046 - Commercial Equipment
NAICS Code
421440 - Commercial Equipment Wholesalers
Loan Approval Date
7/26/2000
Loan Approval Gross Amount
$126,000
Loan Approval from the SBA
Of the total $126,000 loan amount, the SBA guaranteed $94,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 4 employees. This SBA loan request did not indicate that the company promised to use the money to add employees or retain any existing employees.
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.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Country Club Bank and they will explain how you can get an SBA loan for your company.
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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