Getting an SBA Loan for Personal Care Services
Looking for business loans for personal care services? Try the SBA. This $124,800 personal care services loan was issued by a Nebraska bank.
This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Bank Of The West, out of Omaha, Nebraska. The loan was granted and they received $124,800 to help grow their Rose Hill, Kansas business.
SBA Loan Borrower
COMPANY TYPE: PERSONAL CARE SERVICES
ROSE HILL, KS 67133
SBA Loan Lender
BANK OF THE WEST
13506 W MAPLE RD
OMAHA, NE 68164
This was a Low Documentation SBA loan. The SBA created this program to reduce the paperwork associated with borrowing money. 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
812199 - Personal Care Services
Loan Approval Date
5/30/2002
Loan Approval Gross Amount
$124,800
Loan Approval from the SBA
Of the total $124,800 loan amount, the SBA guaranteed $106,080.
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 2 employees. The SBA loan documents did not indicate that the small business planned to use the money to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
We can help you find the best banks for small businesses in Rose Hill 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.
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