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

Parsons Business Loan from Labette Bank

 

 
Loan Census SBA Loan Info

Business Loan from Labette Bank Given to Funeral Service And Crematories Company

Labette Bank has a track record as a leading provider of SBA loans. Find out how this Kansas entrepreneur received an SBA loan from them.

Getting a small business loan in Parsons, Kansas was an essential business goal for this company 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: FUNERAL SERVICE AND CREMATORIES
PARSONS, KS 67357

SBA Loan Lender

LABETTE BANK
506 EAST MAIN
PARSONS, KS 67357

This SBA 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

7261 - Funeral Service and Crematories

NAICS Code

812210 - Funeral Homes and Funeral Services

Loan Approval Date

10/5/2004

Loan Approval Gross Amount

$357,500

Loan Approval from the SBA

Of the total $357,500 loan amount, the SBA guaranteed $268,125.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 9 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you need money to start a small business or need money for an existing business, an SBA loan can be a great source of funding.

We can help you find the best banks for small businesses in Parsons or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Understanding Dilution

SBA Participating Banks in Parsons, Kansas

SBA Lenders in Kansas