 |
 |
November 23, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Kansas Business Loan Sources > Stockton, Business Loans > Stockton National Bank Stockton Business Loans > Heavy Construction Loan | ||||
 |
||||
Stockton National Bank Stockton
|
||||
 |
Stockton, Kansas Business Gets SBA-Guaranteed Funding from Stockton National BankStockton National Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a Kansas entrepreneur was able to get a loan to take a small business to the next level. This growing company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Stockton National Bank, out of Stockton, Kansas. The loan was granted and they received $459,000 to help grow their Stockton, Kansas business. SBA Loan Borrower COMPANY TYPE: HEAVY CONSTRUCTION SBA Loan Lender STOCKTON NATIONAL BANK This lender issued this SBA loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 1629 - Heavy Construction NAICS Code 238910 - Site Preparation Contractors Loan Approval Date 12/15/2006 Loan Approval Gross Amount $459,000 Loan Approval from the SBA Of the total $459,000 loan amount, the SBA guaranteed $344,250. 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 6 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. 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. Related Links: SBA 7A Lenders in Stockton, Kansas
|
|
||
|
||||
|
|
||||