General Rental Centers Business Loans

With these business loans for general rental centers, the SBA guarantees the lender that the loan will be repaid. This general rental centers loan for $80,000 was given to a Kansas entrepreneur in 2005.

Getting a small business loan in Wichita, Kansas was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Rcb Bank, operating out of Claremore, Oklahoma. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: GENERAL RENTAL CENTERS
WICHITA, KS 67216

SBA Loan Lender

RCB BANK
300 W PATTI PAGE BLVD
CLAREMORE, OK 74017

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

532310 - General Rental Centers

Loan Approval Date

7/15/2005

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $68,000.

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 5 employees. This SBA loan request did not indicate that the business promised to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Obtaining Funding - Friends and Family

SBA 7A Banks for Claremore, Oklahoma Loans

Where to Get an SBA Loan Oklahoma