Phillipsburg, Kansas Lender Lends Money to Car Washes Company

Find Phillipsburg, Kansas banks that specialize in SBA loans and know how to work with entrepreneurs. First National Bank And Trust is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Phillipsburg, Kansas starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from First National Bank And Trust. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: CAR WASHES
PHILLIPSBURG, KS 67661

SBA Loan Lender

FIRST NATIONAL BANK AND TRUST
225 STATE ST
PHILLIPSBURG, KS 67661

This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

811192 - Car Washes

Loan Approval Date

11/3/2006

Loan Approval Gross Amount

$54,200

Loan Approval from the SBA

Of the total $54,200 loan amount, the SBA guaranteed $27,100.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help create 1 new job.

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.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $54,200 loan. Remember, where there is a will, there is a way!

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:

SBIR Funding

Small Bank Loans in Phillipsburg, Kansas

Kansas SBA 7A Banks