Borrowing Money for Support Activities for Oil and Gas Operations

Looking for small business loans for support activities for oil and gas operations? An SBA loan may be just what you've been looking for. This $150,000 support activities for oil and gas operations loan was issued by a Kansas bank.

This company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Farmers Bank & Trust, out of Bazine, Kansas. The loan was granted and they received $150,000 to help grow their Ness City, Kansas business.

SBA Loan Borrower

COMPANY TYPE: OIL AND GAS FIELD SERVICES
NESS CITY, KS 67560

SBA Loan Lender

FARMERS BANK & TRUST
MAIN ST
BAZINE, KS 67516

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1389 - Oil and Gas Field Services

NAICS Code

213112 - Support Activities for Oil and Gas Operations

Loan Approval Date

2/22/2000

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $112,500.

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 3 employees. The loan application did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

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.

Related Links:

Choosing VC Firms

Small Bank Loans in Bazine, Kansas

Browse All Business Loan Sources for Kansas