Leawood, Kansas Bank Lends Money to Sound Recording Studios Company in Overland Park, Kansas

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

Applying for an SBA loan with Town & Country Bank worked out well for our friends at one local firm in Overland Park, Kansas. They got an SBA loan for $80,000. Way to go!

SBA Loan Borrower

COMPANY TYPE: SOUND RECORDING STUDIOS
OVERLAND PARK, KS 66221

SBA Loan Lender

TOWN & COUNTRY BANK
4707 W 135TH
LEAWOOD, KS 66224

This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

512240 - Sound Recording Studios

Loan Approval Date

1/13/2003

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $68,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Town & Country Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Realistic Debt Financing Options

SBA 7A Lenders in Leawood, Kansas

Browse All Business Loan Sources for Kansas