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November 15, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Leawood, Business Loans > M&i Marshall & Ilsley Bank Leawood Business Loans > Furniture Stores Loan | ||||
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Leawood SBA Lenders
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Leawood, Kansas Bank Gives SBA Loan to Furniture Stores CompanyWant to talk with a Leawood, Kansas bank about an SBA loan? Here's one Kansas 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 firm in Olathe, Kansas. They received an SBA loan for $265,000. Way to go! SBA Loan Borrower COMPANY TYPE: FURNITURE STORES SBA Loan Lender M&I MARSHALL & ILSLEY BANK The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 442110 - Furniture Stores Loan Approval Date 3/2/2006 Loan Approval Gross Amount $265,000 Loan Approval from the SBA Of the total $265,000 loan amount, the SBA guaranteed $132,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 6 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Family and Friend Investors - Your First Financiers Where to Get an SBA Loan in Leawood, Kansas
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