 |
 |
December 19, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Kansas Business Loan Sources > Haysville, Business Loans > Intrust Bank Haysville Business Loans > Full-Service Restaurants Loan | ||||
 |
||||
Kansas SBA Banks
|
||||
 |
Haysville, Kansas Bank Gives SBA Loan to Full-Service Restaurants CompanyA Haysville, Kansas SBA loan can be yours. Learn how a company got a $96,500 business loan from this Kansas bank. This loan to a local firm is a good example of an SBA loan. Intrust Bank made the loan and the SBA guaranteed a portion of the loan. Many other Kansas entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender INTRUST BANK This lender issued this particular loan for a small business 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 722110 - Full-Service Restaurants Loan Approval Date 12/18/2002 Loan Approval Gross Amount $96,500 Loan Approval from the SBA Of the total $96,500 loan amount, the SBA guaranteed $82,025. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 20 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Intrust Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Intrust 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: Determining Proper Capital Structure for a Business SBA 7A Banks in Haysville, Kansas
|
|
||
|
||||
|
|
||||