Quinter, Kansas Business Gets SBA-Guaranteed Funding from State Bank

An SBA loan from State Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Quinter, Kansas business owner got a $80,700 loan.

This growing company knew how to go about getting a business bank loan. Based in Quinter, Kansas, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was State Bank, based in Quinter, Kansas.

SBA Loan Borrower

COMPANY TYPE: FLORISTS
QUINTER, KS 67752

SBA Loan Lender

STATE BANK
300 HWY 212
QUINTER, KS 67752

This was a Low Documentation SBA loan. The SBA launched this program to limit the paperwork associated with getting a loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453110 - Florists

Loan Approval Date

11/13/2003

Loan Approval Gross Amount

$80,700

Loan Approval from the SBA

Of the total $80,700 loan amount, the SBA guaranteed $68,595.

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 3 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start a small business or need money for an existing business, an SBA loan can be a great way to raise money

This SBA loan was for $80,700. How would you spend $80,700 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Direct Public Offerings

Best Quinter, Kansas Banks for Small Business

Kansas SBA Bank Lenders