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November 21, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Weston, Business Loans > Bank Of Weston Weston Business Loans > Sawmills And Planing Mills, General Loan | ||||
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Requirements for Small Business Owners On Getting a Loan
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How to Get a Loan for LoggingWith these SBA loans for logging, the SBA guarantees the lender that the loan will be repaid. This logging loan for $250,000 was given to a Kansas entrepreneur in 2003. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Perry, Kansas was able to borrow $250,000 from Bank Of Weston. The SBA made the loan possible by guaranteeing $225,000 of this Kansas small business loan. SBA Loan Borrower COMPANY TYPE: SAWMILLS AND PLANING MILLS, GENERAL SBA Loan Lender BANK OF WESTON SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA 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 2421 - Sawmills and Planing Mills, General NAICS Code 113310 - Logging Loan Approval Date 6/2/2003 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $225,000. 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 26 employees. The loan application did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Good Banks for Small Business in Weston, Missouri
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