Wilson, Kansas Bank Gives SBA Loan to Office Supplies And Stationery Company

Want to talk with a Wilson, Kansas bank about a small business loan? Here's one Kansas business loan, issued by a Wilson bank, that was approved by the SBA.

Applying for an SBA loan with Wilson State Bank worked out well for our friends at one local firm in Russell, Kansas. They received an SBA loan for $77,300. Awesome!

SBA Loan Borrower

COMPANY TYPE: OFFICE SUPPLIES AND STATIONERY
RUSSELL, KS 67665

SBA Loan Lender

WILSON STATE BANK
422 26TH ST
WILSON, KS 67490

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

453210 - Office Supplies and Stationery

Loan Approval Date

8/11/2005

Loan Approval Gross Amount

$77,300

Loan Approval from the SBA

Of the total $77,300 loan amount, the SBA guaranteed $38,650.

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 4 employees. The loan application indicated that the loan would help generate 1 new job and retain 3 existing jobs.

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

Every year, the SBA guarantees over $10 billion for loans just like this one.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Wilson State Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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