Support Activities for Oil and Gas Operations Small Business Loans

Looking for small business loans for support activities for oil and gas operations? Talk to a banker who works with the SBA. This $740,700 support activities for oil and gas operations loan was issued by a Kansas bank.

Getting a small business loan in Satanta, Kansas was important for this company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from The Community Bank, operating out of Liberal, Kansas. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: OIL AND GAS FIELD SERVICES
SATANTA, KS 67870

SBA Loan Lender

THE COMMUNITY BANK
2320 N KANSAS
LIBERAL, KS 67901

This debt financing 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

1389 - Oil and Gas Field Services

NAICS Code

213112 - Support Activities for Oil and Gas Operations

Loan Approval Date

4/3/2003

Loan Approval Gross Amount

$740,700

Loan Approval from the SBA

Of the total $740,700 loan amount, the SBA guaranteed $555,525.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 17 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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