Country Club Bank SBA Loan to Beauty Shops Company
Searching for a Kansas business loan? Here's one Kansas business loan that was approved by the SBA.
This up and coming company knew how to go about getting a business bank loan. Based in Olathe, Kansas, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Country Club Bank, based in Shawnee Mission, Kansas.
SBA Loan Borrower
COMPANY TYPE: BEAUTY SHOPS
OLATHE, KS 66061
SBA Loan Lender
COUNTRY CLUB BANK
9400 MISSION RD
SHAWNEE MISSION, KS 66206
This business 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
7231 - Beauty Shops
Loan Approval Date
3/2/2000
Loan Approval Gross Amount
$91,400
Loan Approval from the SBA
Of the total $91,400 loan amount, the SBA guaranteed $73,120.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 5 employees. This SBA loan request did not indicate that the small business planned to use the money to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
We can help you find the best banks for small businesses in Olathe or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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