Raising Money for Cattle Feedlots

Looking for bank loans for cattle feedlots? An SBA loan may be just what you've been looking for. This $340,700 cattle feedlots loan was issued by a Kansas bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Sylvan Grove, Kansas was able to borrow $340,700 from Thunder Bank. The SBA made the loan possible by guaranteeing $255,525 of this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: BEEF CATTLE FEEDLOTS
SYLVAN GROVE, KS 67481

SBA Loan Lender

THUNDER BANK
102 N MAIN
SYLVAN GROVE, KS 67481

This lender issued this SBA business loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 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

0211 - Beef Cattle Feedlots

NAICS Code

112112 - Cattle Feedlots

Loan Approval Date

2/17/2004

Loan Approval Gross Amount

$340,700

Loan Approval from the SBA

Of the total $340,700 loan amount, the SBA guaranteed $255,525.

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 3 employees. The SBA loan documents did not indicate that the company promised to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This SBA loan was for $340,700. How would you spend $340,700 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

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SBA 7A Banks in Sylvan Grove, Kansas

Kansas SBA Banks