Olathe, Kansas Business Gets SBA-Guaranteed Funding from Bank Of Blue Valley

Bank Of Blue Valley has a track record as a leading provider of SBA loans. Find out how this Kansas entrepreneur received an SBA loan from them.

This growing company received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Bank Of Blue Valley, out of Overland Park, Kansas. The loan was granted and they received $298,000 to help grow their Olathe, Kansas business.

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF DENTISTS
OLATHE, KS 66062

SBA Loan Lender

BANK OF BLUE VALLEY
11935 RILEY ST
OVERLAND PARK, KS 66213

This lender issued this bank loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8021 - Offices and Clinics of Dentists

NAICS Code

621210 - Dentists

Loan Approval Date

8/10/2004

Loan Approval Gross Amount

$298,000

Loan Approval from the SBA

Of the total $298,000 loan amount, the SBA guaranteed $223,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 8 employees. The loan application did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees.

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

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Bank Of Blue Valley so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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SBA 7A Lenders in Overland Park, Kansas

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