Raytown, Missouri Entrepreneur Gets an SBA Loan

Would a Missouri bank loan help help your firm avoid a serious cash crunch? If so, you may want to talk with this Kansas bank, which offers SBA loans to Missouri entrepreneurs.

You can learn something about getting a small business loan in Raytown, Missouri by studying this loan to a local company, made back in 2001. Banks like First Kansas Bank & Trust may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: PHOTOGRAPHIC STUDIOS, PORTRAIT
RAYTOWN, MO 64133

SBA Loan Lender

FIRST KANSAS BANK & TRUST
109 E MAIN ST
GARDNER, KS 66030

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7221 - Photographic Studios, Portrait

NAICS Code

541921 - Photography Studios, Portrait

Loan Approval Date

3/14/2001

Loan Approval Gross Amount

$126,997

Loan Approval from the SBA

Of the total $126,997 loan amount, the SBA guaranteed $107,947.

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 21 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to hire new employees 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.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First Kansas Bank & Trust and they will explain how you can get an SBA loan for your company.

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.

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