Entrepreneur Works With Overland Park, Kansas Bank to Get an SBA Loan
Get SBA loans from an Overland Park, Kansas bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Metcalf Bank is a Overland Park, Kansas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Kansas company.
SBA Loan Borrower
COMPANY TYPE: DANCE STUDIOS, SCHOOLS, AND HALLS
OVERLAND PARK, KS 66212
SBA Loan Lender
METCALF BANK
7840 METCALF ST
OVERLAND PARK, KS 66204
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7911 - Dance Studios, Schools, and Halls
Loan Approval Date
2/7/2000
Loan Approval Gross Amount
$75,000
Loan Approval from the SBA
Of the total $75,000 loan amount, the SBA guaranteed $60,000.
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 3 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:
Strategic Investors
SBA Banks in Overland Park, Kansas
Getting an SBA Loan in Kansas