Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Parsons, Kansas Bank Loan

 

 
Loan Census SBA Loan Info

Loans for Quick Printing

With these loans for quick printing, the SBA guarantees the lender that the loan will be repaid. This quick printing loan for $266,350 was given to a Kansas entrepreneur in 2004.

Getting a small business loan in Parsons, Kansas was important for this growing firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Labette Bank, operating out of Parsons, Kansas. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL PRINTING
PARSONS, KS 67357

SBA Loan Lender

LABETTE BANK
506 EAST MAIN
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 loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2759 - Commercial Printing

NAICS Code

323114 - Quick Printing

Loan Approval Date

12/30/2004

Loan Approval Gross Amount

$266,350

Loan Approval from the SBA

Of the total $266,350 loan amount, the SBA guaranteed $199,763.

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 3 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Labette Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Dealing With Venture Capitalists

Find an SBA Lender in Parsons, Kansas

Kansas SBA 7A Banks