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

Prairie Village, Kansas Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Women's Clothing Stores Loans

With these loans for women's clothing stores, the SBA guarantees the lender that the loan will be repaid. This women's clothing stores loan for $72,000 was given to a Kansas entrepreneur in 2003.

This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Midamer Bank & Trust National A, out of Leavenworth, Kansas. The loan was granted and they received $72,000 to help grow their Prairie Village, Kansas business.

SBA Loan Borrower

COMPANY TYPE: WOMEN'S CLOTHING STORES
PRAIRIE VILLAGE, KS 66208

SBA Loan Lender

MIDAMER BANK & TRUST NATIONAL A
401 DELAWARE ST
LEAVENWORTH, KS 66048

This was a Low Documentation SBA loan. The SBA started this program to limit the paperwork associated with getting a loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

448120 - Women's Clothing Stores

Loan Approval Date

7/21/2003

Loan Approval Gross Amount

$72,000

Loan Approval from the SBA

Of the total $72,000 loan amount, the SBA guaranteed $61,200.

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 2 employees. This SBA loan request did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Obtaining Funding - Friends and Family

SBA 7A Banks for Leavenworth, Kansas Loans

Kansas SBA 7A Lenders