Financing for Support Services
Looking for commercial loans for support services? Talk to a banker who works with the SBA. This $70,000 support services loan was issued by a Kansas bank.
Getting a small business loan in Wamego, Kansas was important for this business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Kansas State Bank Of Manhattan, operating out of Manhattan, Kansas. Here are the details on this Kansas small business loan.
SBA Loan Borrower
COMPANY TYPE: SUPPORT SERVICES
WAMEGO, KS 66547
SBA Loan Lender
KANSAS STATE BANK OF MANHATTAN
1010 WESTLOOP
MANHATTAN, KS 66505
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
561990 - Support Services
Loan Approval Date
7/3/2001
Loan Approval Gross Amount
$70,000
Loan Approval from the SBA
Of the total $70,000 loan amount, the SBA guaranteed $59,500.
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 2 employees. The loan application did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
If you need business start up money in Wamego KS, you ought to talk with a local Wamego SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Wamego businesses.
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:
Business Line of Credit
Best Manhattan, Kansas Banks for Small Business
SBA Lenders in Kansas