Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Overland Park, Kansas Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Personal Services SBA Loans

Looking for SBA loans for personal services? The SBA may be the answer. This $28,000 personal services loan was issued by a Kansas bank.

Getting a small business loan in Overland Park, Kansas was important for this business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from 1st National Bank - Ola, operating out of Olathe, Kansas. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: PERSONAL SERVICES
OVERLAND PARK, KS 66221

SBA Loan Lender

1ST NATIONAL BANK - OLA
444 E SANTA FE
OLATHE, KS 66061

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812990 - Personal Services

Loan Approval Date

10/12/2001

Loan Approval Gross Amount

$28,000

Loan Approval from the SBA

Of the total $28,000 loan amount, the SBA guaranteed $23,800.

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 3 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $28,000 loan. Remember, where there is a will, there is a way!

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:

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Find an SBA Lender in Olathe, Kansas

SBA Participating Banks in Kansas