Kansas Small Business Loan Issued to Aluminum Extruded Products Company

KansasSBA loans are available to Kansas entrepreneurs through the SBA. In this case, a Kansas bank provides the loan.

Getting a small business loan in Parsons, Kansas was a top priority for this particular business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Teambank. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: ALUMINUM EXTRUDED PRODUCTS
PARSONS, KS 67357

SBA Loan Lender

TEAMBANK
1900 MAIN ST
PARSONS, KS 67357

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3354 - Aluminum Extruded Products

NAICS Code

331521 - Aluminum Die-Casting Foundries

Loan Approval Date

11/1/2000

Loan Approval Gross Amount

$639,000

Loan Approval from the SBA

Of the total $639,000 loan amount, the SBA guaranteed $232,168.

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 22 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

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 Teambank 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.

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