Topeka, Kansas Lender Lends Money to Beauty Shops Company
Get SBA loans from a Topeka, Kansas bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Umb Bank is a Topeka, Kansas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Kansas company.
SBA Loan Borrower
COMPANY TYPE: BEAUTY SHOPS
TOPEKA, KS 66614
SBA Loan Lender
UMB BANK
2100 SE 29TH ST
TOPEKA, KS 66605
This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7231 - Beauty Shops
Loan Approval Date
3/16/2000
Loan Approval Gross Amount
$60,000
Loan Approval from the SBA
Of the total $60,000 loan amount, the SBA guaranteed $48,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 5 employees. This SBA loan request did not indicate that the business planned to use the money to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
We can help you find the best banks for small businesses in Topeka or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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 Topeka, Kansas
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