Get an SBA Loan for Animal Slaughtering

Looking for bank loans for animal slaughtering? The SBA may be the answer. This $99,000 animal slaughtering loan was issued by a Kansas bank.

This small firm received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Peoples Bank, out of Ottawa, Kansas. The loan was granted and they received $99,000 to help grow their Overbrook, Kansas business.

SBA Loan Borrower

COMPANY TYPE: LIVESTOCK SERVICES
OVERBROOK, KS 66524

SBA Loan Lender

PEOPLES BANK
434 S MAIN ST
OTTAWA, KS 66067

This lender issued this loan for a small business under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 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

0751 - Livestock Services

NAICS Code

311611 - Animal Slaughtering

Loan Approval Date

12/2/2003

Loan Approval Gross Amount

$99,000

Loan Approval from the SBA

Of the total $99,000 loan amount, the SBA guaranteed $84,150.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 7 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Peoples Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Determining Proper Capital Structure for a Business

SBA Approved Banks in Ottawa, Kansas

SBA Lenders in Kansas