Commercial Loans for Consumer Electronics and Appliances Rental
Looking for commercial loans for consumer electronics and appliances rental? Try the SBA. This $50,000 consumer electronics and appliances rental loan was issued by a Kansas bank.
Getting a small business loan in Russell, Kansas was important for this small business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Intrust Bank, operating out of Wichita, Kansas. Here are the details on this Kansas small business loan.
SBA Loan Borrower
COMPANY TYPE: CONSUMER ELECTRONICS AND APPLIANCES RENTAL
RUSSELL, KS 67665
SBA Loan Lender
INTRUST BANK
105 N MAIN ST
WICHITA, KS 67202
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
532210 - Consumer Electronics and Appliances Rental
Loan Approval Date
10/11/2007
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $42,500.
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 12 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 12 existing jobs.
Getting an SBA Loan For Your Business
If you need money to start a small business or need money to grow a business, an SBA loan can be a great way to raise money
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 Intrust Bank 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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