Get an SBA Loan for Machine Shops

Looking for loans for machine shops? An SBA loan may be just what you've been looking for. This $866,200 machine shops loan was issued by a Kansas bank.

Getting a small business loan in Wichita, Kansas was important for this growing firm back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Security Savings Bank, F.S.B., operating out of Olathe, Kansas. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: INDUSTRIAL AND COMMERCIAL MACHINERY AND EQUIPMENT
WICHITA, KS 67214

SBA Loan Lender

SECURITY SAVINGS BANK, F.S.B.
11599 RIDGEVIEW RD
OLATHE, KS 66061

This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3599 - Industrial and Commercial Machinery and Equipment

NAICS Code

332710 - Machine Shops

Loan Approval Date

8/6/2002

Loan Approval Gross Amount

$866,200

Loan Approval from the SBA

Of the total $866,200 loan amount, the SBA guaranteed $649,650.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 32 employees. The loan application did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you have been wondering how do i get 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.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Security Savings Bank, F.S.B. are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Getting a Small Business Loan

Best Banks in Olathe, Kansas

Getting an SBA Loan in Kansas