Small Business Loans for Collection Agencies

With these small business loans for collection agencies, the SBA guarantees the lender that the loan will be repaid. This collection agencies loan for $42,300 was given to a Kansas entrepreneur in 2001.

This company knew how to go about getting a business bank loan. Based in Wichita, Kansas, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Intrust Bank, based in Wichita, Kansas.

SBA Loan Borrower

COMPANY TYPE: COLLECTION AGENCIES
WICHITA, KS 67202

SBA Loan Lender

INTRUST BANK
105 N MAIN ST
WICHITA, KS 67202

This lender issued this particular commercial 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

561440 - Collection Agencies

Loan Approval Date

12/17/2001

Loan Approval Gross Amount

$42,300

Loan Approval from the SBA

Of the total $42,300 loan amount, the SBA guaranteed $35,955.

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 5 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the money 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.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $42,300 loan. Remember, where there is a will, there is a way!

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.

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