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November 21, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Ellis, Business Loans > Ellis State Bank Ellis Business Loans > Custom Architectural Woodwork And Millwork Manufacturing Loan | ||||
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Ellis Lenders
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Ellis, Kansas Bank Lends Money to Custom Architectural Woodwork And Millwork Manufacturing Company in Victoria, KansasThinking about meeting with an Ellis, Kansas bank about an SBA loan? Here's one Kansas business loan, issued by an Ellis bank, that was approved by the SBA. Applying for an SBA loan with Ellis State Bank worked out well for our friends at one local firm in Victoria, Kansas. The business was able to get an SBA loan for $70,000. Sweet! SBA Loan Borrower COMPANY TYPE: CUSTOM ARCHITECTURAL WOODWORK AND MILLWORK MANUFACTURING SBA Loan Lender ELLIS STATE BANK This commercial 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. NAICS Code 337212 - Custom Architectural Woodwork and Millwork Manufacturing Loan Approval Date 8/22/2007 Loan Approval Gross Amount $70,000 Loan Approval from the SBA Of the total $70,000 loan amount, the SBA guaranteed $52,500. 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 3 employees. This SBA loan request indicated that the borrowed money would help generate 3 new jobs. 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 $70,000 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: Obtaining Funding - Friends and Family
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