Wichita, Kansas Bank Lends Money to Personal Care Services Company in Wichita, Kansas

A Wichita, Kansas business loan can be yours. Learn how a company got a $78,400 business loan from this Kansas bank.

This loan to a local firm is a good example of an SBA loan. Security Savings Bank, F.S.B. made the loan and the SBA guaranteed a portion of the loan. Many other Kansas entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.

SBA Loan Borrower

COMPANY TYPE: PERSONAL CARE SERVICES
WICHITA, KS 67212

SBA Loan Lender

SECURITY SAVINGS BANK, F.S.B.
8525 W CENTRAL
WICHITA, KS 67212

This was a Low Documentation SBA loan. The SBA launched this program to reduce the paperwork associated with borrowing money. The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812199 - Personal Care Services

Loan Approval Date

11/6/2002

Loan Approval Gross Amount

$78,400

Loan Approval from the SBA

Of the total $78,400 loan amount, the SBA guaranteed $66,640.

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 20 employees. This SBA loan request did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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.

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