Financing for Home Furnishings Stores

Looking for loans for home furnishings stores? The SBA may be the answer. This $94,500 home furnishings stores loan was issued by a Kansas bank.

This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with University National Bank, out of Pittsburg, Kansas. The loan was granted and they received $94,500 to help grow their Pittsburg, Kansas business.

SBA Loan Borrower

COMPANY TYPE: HOME FURNISHINGS STORES
PITTSBURG, KS 66762

SBA Loan Lender

UNIVERSITY NATIONAL BANK
1206 S BROADWAY
PITTSBURG, KS 66762

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

442299 - Home Furnishings Stores

Loan Approval Date

8/10/2004

Loan Approval Gross Amount

$94,500

Loan Approval from the SBA

Of the total $94,500 loan amount, the SBA guaranteed $80,325.

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 2 employees. The loan application did not indicate that the company planned to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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

SBA Approved Banks in Pittsburg, Kansas

Browse All Business Loan Sources for Kansas