Shawnee, Kansas Entrepreneur Gets a Business Loan

KansasBank loans are available to Kansas firms through the SBA. In this case, an Ohio bank provides the loan.

Getting a small business loan in Shawnee, Kansas was a top priority for this loan applicant back in 2008 and, based on their loan application, they were successful in getting an SBA loan from U.S. Bank National Association. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: HOBBY, TOY, AND GAME STORES
SHAWNEE, KS 66226

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

451120 - Hobby, Toy, and Game Stores

Loan Approval Date

2/25/2008

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

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 loan application indicated that the loan would help generate 7 new jobs and retain 12 existing jobs.

Getting an SBA Loan For Your Business

If you want money for new small business in Shawnee KS, you ought to talk with a local Shawnee SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Shawnee businesses.

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 U.S. Bank National Association 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.

Related Links:

Dealing With Venture Capitalists

SBA Banks in Cincinnati, Ohio

Getting an SBA Loan in Ohio