Bank Loans for Satellite Telecommunications

Looking for bank loans for satellite telecommunications? Talk to a banker who works with the SBA. This $500,000 satellite telecommunications loan was issued by a Kansas bank.

Getting a small business loan in Olathe, Kansas was important for this growing firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from First St. Bank - Kansas City Kan, operating out of Kansas City, Kansas. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: COMMUNICATIONS SERVICES
OLATHE, KS 66062

SBA Loan Lender

FIRST ST. BANK - KANSAS CITY KAN
650 KANSAS AVE
KANSAS CITY, KS 66105

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4899 - Communications Services

NAICS Code

513340 - Satellite Telecommunications

Loan Approval Date

7/3/2001

Loan Approval Gross Amount

$500,000

Loan Approval from the SBA

Of the total $500,000 loan amount, the SBA guaranteed $375,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The loan application did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a company in Olathe KS, you ought to talk with a local Olathe SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Olathe businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. First St. Bank - Kansas City Kan had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, First St. Bank - Kansas City Kan made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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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