Exch National Bank & Tr SBA Loan to Liquor Stores Company

Exch National Bank & Tr and the SBA work together to get business loans for growing small businesses. Here's an example of how a Kansas entrepreneur was able to get a loan to take a small business to the next level.

This growing company knew how to go about getting a business bank loan. Based in Valley Falls, Kansas, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Exch National Bank & Tr, based in Effingham, Kansas.

SBA Loan Borrower

COMPANY TYPE: LIQUOR STORES
VALLEY FALLS, KS 66088

SBA Loan Lender

EXCH NATIONAL BANK & TR
423 MAIN & HOWARD STS
EFFINGHAM, KS 66023

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA 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

5921 - Liquor Stores

NAICS Code

445310 - Beer, Wine, and Liquor Stores

Loan Approval Date

6/20/2003

Loan Approval Gross Amount

$136,000

Loan Approval from the SBA

Of the total $136,000 loan amount, the SBA guaranteed $115,600.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 application for the borrower did not indicate that the business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

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

If you are raising money in Valley Falls KS, you ought to talk with a local Valley Falls SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Valley Falls businesses.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Business Incubators

SBA Approved Banks in Effingham, Kansas

SBA Kansas Lenders