Kansas City, Missouri Bank Lends Money to Radio, Television, And Electronics Stores Company in Overland Park, Kansas
Find Kansas City, Missouri banks that specialize in small business loans and know how to work with entrepreneurs. Missouri Bank & Trust Co. is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in Overland Park, Kansas starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Missouri Bank & Trust Co.. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: RADIO, TELEVISION, AND ELECTRONICS STORES
OVERLAND PARK, KS 66214
SBA Loan Lender
MISSOURI BANK & TRUST CO.
1044 MAIN ST
KANSAS CITY, MO 64105
This lender processed this loan for a small business under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
443112 - Radio, Television, and Electronics Stores
Loan Approval Date
8/6/2004
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
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 5 employees. The loan application indicated that the loan would help generate 15 new jobs and retain 5 existing jobs.
Next Steps for Getting an SBA Loan
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
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 $100,000 loan. Remember, fight for what you want, and it will be yours!
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:
Business Credit Evaluation
SBA Banks in Kansas City, Missouri
Getting an SBA Loan in Missouri