Loan Census Banking News and Information
November 21, 2024  
 
 
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Kansas Small Business SBA Loans

 

 
Loan Census SBA Loan Info

Montezuma State Bank Gives SBA Loan to Grain And Field Beans Company

Would a Kansas bank loan help help your firm avoid a serious cash crunch? If so, you may want to talk with this Kansas bank, which offers SBA loans to Kansas entrepreneurs.

You can learn something about getting a small business loan in Sublette, Kansas by studying this loan to a local company, made back in 2002. Banks like Montezuma State Bank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: GRAIN AND FIELD BEANS
SUBLETTE, KS 67877

SBA Loan Lender

MONTEZUMA STATE BANK
209 N AZTEC
MONTEZUMA, KS 67867

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide small business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5153 - Grain and Field Beans

NAICS Code

422510 - Grain and Field Bean Wholesalers

Loan Approval Date

6/24/2002

Loan Approval Gross Amount

$1,250,000

Loan Approval from the SBA

Of the total $1,250,000 loan amount, the SBA guaranteed $937,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 15 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Accountant's Role in Securing Financing

Where to Get an SBA Loan in Montezuma, Kansas

SBA Lenders in Kansas