Leawood, Kansas Bank Lends Money to Industrial Machinery Manufacturing Company in North Kansas City, Missouri

Want to talk with a Leawood, Kansas bank about a small business loan? Here's one Missouri business loan, issued by a Leawood bank, that was approved by the SBA.

Applying for an SBA loan with M&i Marshall & Ilsley Bank worked out well for our friends at one local company in North Kansas City, Missouri. The business was able to get an SBA loan for $250,000. Great job!

SBA Loan Borrower

COMPANY TYPE: INDUSTRIAL MACHINERY MANUFACTURING
NORTH KANSAS CITY, MO 00006

SBA Loan Lender

M&I MARSHALL & ILSLEY BANK
11301 NALL AVE
LEAWOOD, KS 66211

This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

333298 - Industrial Machinery Manufacturing

Loan Approval Date

9/12/2005

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $125,000.

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 20 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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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