Entrepreneur Works With Shawnee Mission, Kansas Bank to Get an SBA Loan
A Shawnee Mission, Kansas SBA loan can be yours. Learn how one firm got a $55,200 business loan from this Kansas bank.
This loan to a local firm is a good example of an SBA loan. Country Club Bank made the loan and the SBA guaranteed a portion of the loan. Many other Kansas entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
COMPANY TYPE: RETAIL STORES
OVERLAND PARK, KS 66214
SBA Loan Lender
COUNTRY CLUB BANK
9400 MISSION RD
SHAWNEE MISSION, KS 66206
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5999 - Retail Stores
Loan Approval Date
5/9/2000
Loan Approval Gross Amount
$55,200
Loan Approval from the SBA
Of the total $55,200 loan amount, the SBA guaranteed $44,160.
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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.
Next Steps for Getting an SBA Loan
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.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Alternative Financing
Best Banks for Small Business in Shawnee Mission, Kansas
Kansas SBA Banks