Business Loans for Sporting and Athletic Goods Manufacturing
Looking for business loans for sporting and athletic goods manufacturing? Try the SBA. This $50,000 sporting and athletic goods manufacturing loan was issued by a Kansas bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Stilwell, Kansas was able to borrow $50,000 from 1st National Bank - Ola. The SBA made the loan possible by guaranteeing $42,500 of this Kansas small business loan.
SBA Loan Borrower
COMPANY TYPE: SPORTING AND ATHLETIC GOODS MANUFACTURING
STILWELL, KS 66085
SBA Loan Lender
1ST NATIONAL BANK - OLA
444 E SANTA FE
OLATHE, KS 66061
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
339920 - Sporting and Athletic Goods Manufacturing
Loan Approval Date
8/27/2001
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 a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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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