Small Business Loans for Gift, Novelty, and Souvenir Stores

With these small business loans for gift, novelty, and souvenir stores, the SBA guarantees the lender that the loan will be repaid. This gift, novelty, and souvenir stores loan for $25,500 was given to a Kansas entrepreneur in 2002.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Roeland Park, Kansas was able to borrow $25,500 from Premier Bank. The SBA made the loan possible by guaranteeing $21,675 of this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: GIFT, NOVELTY, AND SOUVENIR STORES
ROELAND PARK, KS 66205

SBA Loan Lender

PREMIER BANK
15301 W 87TH ST PARKWAY
LENEXA, KS 66219

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453220 - Gift, Novelty, and Souvenir Stores

Loan Approval Date

6/28/2002

Loan Approval Gross Amount

$25,500

Loan Approval from the SBA

Of the total $25,500 loan amount, the SBA guaranteed $21,675.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are working on finding money to start a business in Roeland Park KS, you ought to talk with a local Roeland Park SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Roeland Park businesses.

We can help you find the best banks for small businesses in Roeland Park or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

The Friends and Family Network

Small Business Banks in Lenexa, Kansas

Where to Get an SBA Loan Kansas