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November 21, 2024  
 
 
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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