Wichita, Kansas Entrepreneur Gets a Business Loan
Want a Kansas business loan? This Kansas entrepreneur got a business loan, provided by a Kansas bank that works with the SBA to help small business owners.
Getting a small business loan in Wichita, Kansas was a top priority for this SBA-financed company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Intrust Bank. Here are the details on this Kansas small business loan.
SBA Loan Borrower
COMPANY TYPE: FINISHERS OF BROADWOVEN FABRICS OF COTTON
WICHITA, KS 67216
SBA Loan Lender
INTRUST BANK
105 N MAIN ST
WICHITA, KS 67202
This lender issued this loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
2261 - Finishers of Broadwoven Fabrics of Cotton
NAICS Code
313311 - Broadwoven Fabric Finishing Mills
Loan Approval Date
6/11/2001
Loan Approval Gross Amount
$416,000
Loan Approval from the SBA
Of the total $416,000 loan amount, the SBA guaranteed $312,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 18 employees. This SBA loan request did not indicate that the company promised 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?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Intrust Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Attracting Investors
Best Wichita, Kansas Banks for Small Business
SBA Lenders in Kansas