Loan Census Banking News and Information
November 21, 2024  
 
 
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Kansas Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Kansas Entrepreneur Secures Financing to Buy Budget Blinds Franchise

Borrowing money to invest in a Budget Blinds franchise? Intrust Bank has a history of making these loans and they are guaranteed by the SBA.

Budget Blinds franchise loans are available to Wichita, Kansas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Intrust Bank, based in Wichita, Kansas, issued an SBA franchise loan for a Budget Blinds franchise in 2004. We've got all the details on this Kansas small business loan.

SBA Loan Borrower

MORNING STAR WINDOW COVERINGS
WICHITA, KS 67226

SBA Loan Lender

INTRUST BANK
105 N MAIN ST
WICHITA, KS 67202

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

442299 - Home Furnishings Stores

Loan Approval Date

6/28/2004

Loan Approval Gross Amount

$60,000

Loan Approval from the SBA

Of the total $60,000 loan amount, the SBA guaranteed $51,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Budget Blinds 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 company planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need business start up money 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.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Intrust Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Budget Blinds

Debt Financing

SBA Participating Banks in Wichita, Kansas

Where to Get an SBA Loan Kansas