Getting an SBA Loan for Accounting Services
With these SBA loans for accounting services, the SBA guarantees the lender that the loan will be repaid. This accounting services loan for $18,300 was given to a Kansas entrepreneur in 2006.
Getting a small business loan in Tecumseh, Kansas was important for this business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Community First National Bank, operating out of Manhattan, Kansas. Here are the details on this Kansas small business loan.
SBA Loan Borrower
COMPANY TYPE: ACCOUNTING, AUDITING, AND BOOKKEEPING SERVICES
TECUMSEH, KS 66542
SBA Loan Lender
COMMUNITY FIRST NATIONAL BANK
215 S SETH CHILD RD
MANHATTAN, KS 66502
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8721 - Accounting, Auditing, and Bookkeeping Services
NAICS Code
541219 - Accounting Services
Loan Approval Date
6/7/2006
Loan Approval Gross Amount
$18,300
Loan Approval from the SBA
Of the total $18,300 loan amount, the SBA guaranteed $15,555.
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. The SBA loan documents did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
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 $18,300 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.
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