Health and Personal Care Stores Loans
Looking for loans for health and personal care stores? An SBA loan may be just what you've been looking for. This $36,800 health and personal care stores loan was issued by a Kansas bank.
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 2002. The lending bank was Intrust Bank, based in Haysville, Kansas.
SBA Loan Borrower
COMPANY TYPE: HEALTH AND PERSONAL CARE STORES
WICHITA, KS 67207
SBA Loan Lender
INTRUST BANK
107 S WAYNE ST
HAYSVILLE, KS 67060
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
446199 - Health and Personal Care Stores
Loan Approval Date
7/18/2002
Loan Approval Gross Amount
$36,800
Loan Approval from the SBA
Of the total $36,800 loan amount, the SBA guaranteed $31,280.
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 only one employee. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Intrust Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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:
Strategic Investors
SBA Approved Banks in Haysville, Kansas
Kansas SBA Banks