Advertising Agencies Commercial Loans

With these commercial loans for advertising agencies, the SBA guarantees the lender that the loan will be repaid. This advertising agencies loan for $24,900 was given to a Kansas entrepreneur in 2002.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Wichita, Kansas was able to borrow $24,900 from Emprise Bank. The SBA made the loan possible by guaranteeing $21,165 of this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: ADVERTISING AGENCIES
WICHITA, KS 67218

SBA Loan Lender

EMPRISE BANK
512 STATE ST
AUGUSTA, KS 67010

This lender issued this particular SBA small business 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.

NAICS Code

541810 - Advertising Agencies

Loan Approval Date

8/14/2002

Loan Approval Gross Amount

$24,900

Loan Approval from the SBA

Of the total $24,900 loan amount, the SBA guaranteed $21,165.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Emprise Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Emprise 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:

Accountant's Role in Securing Financing

Best Augusta, Kansas Banks for Small Business

Kansas SBA Bank Lenders