Entrepreneur Works With Overland Park, Kansas Bank to Get an SBA Loan

Want to talk with an Overland Park, Kansas bank about an SBA loan? Here's one Kansas business loan, issued by an Overland Park bank, that was approved by the SBA.

Applying for an SBA loan with Valley View State Bank worked out well for our friends at one local business in Overland Park, Kansas. They received an SBA loan for $111,300. Awesome!

SBA Loan Borrower

COMPANY TYPE: LANDSCAPE COUNSELING AND PLANNING
OVERLAND PARK, KS 66223

SBA Loan Lender

VALLEY VIEW STATE BANK
7500 W 95TH ST
OVERLAND PARK, KS 66212

This was a Low Documentation SBA loan. The SBA created this program to reduce the paperwork associated with borrowing money. The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0781 - Landscape Counseling and Planning

Loan Approval Date

7/11/2000

Loan Approval Gross Amount

$111,300

Loan Approval from the SBA

Of the total $111,300 loan amount, the SBA guaranteed $83,475.

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 12 employees. The loan application did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

SBIR Funding

SBA Participating Banks in Overland Park, Kansas

Getting an SBA Loan in Kansas