Commercial Loans for Framing Contractors

Looking for commercial loans for framing contractors? The SBA may be the answer. This $26,000 framing contractors loan was issued by a Kansas bank.

This small business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Boeing Wichita Cu, out of Wichita, Kansas. The loan was granted and they received $26,000 to help grow their Wichita, Kansas business.

SBA Loan Borrower

COMPANY TYPE: FRAMING CONTRACTORS
WICHITA, KS 67203

SBA Loan Lender

BOEING WICHITA CU
8710 E 32ND ST NORTH
WICHITA, KS 67226

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

238130 - Framing Contractors

Loan Approval Date

8/4/2004

Loan Approval Gross Amount

$26,000

Loan Approval from the SBA

Of the total $26,000 loan amount, the SBA guaranteed $22,100.

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 3 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

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 Boeing Wichita Cu 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.

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