Dental Laboratories Commercial Loans
With these commercial loans for dental laboratories, the SBA guarantees the lender that the loan will be repaid. This dental laboratories loan for $20,600 was given to a Kansas entrepreneur in 2001.
This small business knew how to go about getting a business bank loan. Based in Overland Park, Kansas, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Security Bank Of Kansas City, based in Fairway, Kansas.
SBA Loan Borrower
COMPANY TYPE: DENTAL LABORATORIES
OVERLAND PARK, KS 66202
SBA Loan Lender
SECURITY BANK OF KANSAS CITY
4400 SHAWNEE MISSION PKWY
FAIRWAY, KS 66205
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.
NAICS Code
339116 - Dental Laboratories
Loan Approval Date
3/6/2001
Loan Approval Gross Amount
$20,600
Loan Approval from the SBA
Of the total $20,600 loan amount, the SBA guaranteed $17,510.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 2 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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