SBA Loans for Funeral Homes and Funeral Services

Looking for SBA loans for funeral homes and funeral services? The SBA may be the answer. This $33,400 funeral homes and funeral services loan was issued by a Kansas bank.

This small business knew how to go about getting a business bank loan. Based in Syracuse, Kansas, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Valley State Bank, based in Syracuse, Kansas.

SBA Loan Borrower

COMPANY TYPE: FUNERAL SERVICE AND CREMATORIES
SYRACUSE, KS 67878

SBA Loan Lender

VALLEY STATE BANK
110 W AVE B
SYRACUSE, KS 67878

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7261 - Funeral Service and Crematories

NAICS Code

812210 - Funeral Homes and Funeral Services

Loan Approval Date

10/12/2005

Loan Approval Gross Amount

$33,400

Loan Approval from the SBA

Of the total $33,400 loan amount, the SBA guaranteed $28,390.

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 2 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great source of funding.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $33,400 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Bank Credit Lines

Small Business Banks in Syracuse, Kansas

Find an SBA Lender in Kansas