Overland Park, Kansas Business Gets SBA-Guaranteed Funding from Premier Bank
An SBA loan from Premier Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Overland Park, Kansas business owner got a $200,000 loan.
This growing company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Premier Bank, out of Lenexa, Kansas. The loan was granted and they received $200,000 to help grow their Overland Park, Kansas business.
SBA Loan Borrower
COMPANY TYPE: VETERINARY SERVICES FOR ANIMAL SPECIALTIES
OVERLAND PARK, KS 66223
SBA Loan Lender
PREMIER BANK
15301 W 87TH ST PARKWAY
LENEXA, KS 66219
This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
0742 - Veterinary Services for Animal Specialties
NAICS Code
541940 - Veterinary Services
Loan Approval Date
9/16/2003
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $150,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 2 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Premier Bank and they will explain how you can get an SBA loan for your company.
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:
Small Business Loan
Find an SBA Lender in Lenexa, Kansas
Where to Get an SBA Loan Kansas