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November 21, 2024  
 
 
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We Needed an SBA Loan in Wakeeney, Kansas and We Got One!

 

 
Loan Census SBA Loan Info

Financing for Florists

Looking for loans for florists? An SBA loan may be just what you've been looking for. This $15,000 florists loan was issued by a Kansas bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Wakeeney, Kansas was able to borrow $15,000 from Trego-Wakeeney State Bank. The SBA made the loan possible by guaranteeing $12,750 of this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: FLORISTS
WAKEENEY, KS 67672

SBA Loan Lender

TREGO-WAKEENEY STATE BANK
134 MAIN ST
WAKEENEY, KS 67672

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453110 - Florists

Loan Approval Date

5/17/2002

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $12,750.

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 only one employee. The SBA loan application for the borrower did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Trego-Wakeeney State Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Trego-Wakeeney State Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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 - Getting Venture Capital

Who Lends Money to Small Businesses in Wakeeney, Kansas

Getting an SBA Loan in Kansas