Intrust Bank Gives SBA Loan to Homefurnishings Stores Company
Bank loans in Kansas are are few and far betweeen these days. We take a look at one Kansas bank loan, provided by a Kansas bank, that was approved by the SBA.
Getting a small business loan in Wichita, Kansas was a top priority for this loan applicant back in 2000 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: HOMEFURNISHINGS STORES
WICHITA, KS 67218
SBA Loan Lender
INTRUST BANK
105 N MAIN ST
WICHITA, KS 67202
This SBA bank loan was provided by financing institution with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan requests to the SBA get more expeditious service from the SBA on their loan applications.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5719 - Homefurnishings Stores
NAICS Code
442299 - Home Furnishings Stores
Loan Approval Date
10/17/2000
Loan Approval Gross Amount
$325,000
Loan Approval from the SBA
Of the total $325,000 loan amount, the SBA guaranteed $243,750.
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 6 employees. The loan application did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
If you are working on finding money to start a business in Wichita KS, you ought to talk with a local Wichita SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Wichita businesses.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $325,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Understanding Dilution
SBA Banks in Wichita, Kansas
Kansas SBA Banks