Business Loan from Intrust Bank Given to Postal Service Company
Intrust Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a Kansas entrepreneur was able to get a loan to take a small business to the next level.
This growing company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Intrust Bank, out of Wichita, Kansas. The loan was granted and they received $46,800 to help grow their Wichita, Kansas business.
SBA Loan Borrower
COMPANY TYPE: POSTAL SERVICE
WICHITA, KS 67208
SBA Loan Lender
INTRUST BANK
105 N MAIN ST
WICHITA, KS 67202
This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
491110 - Postal Service
Loan Approval Date
8/29/2007
Loan Approval Gross Amount
$46,800
Loan Approval from the SBA
Of the total $46,800 loan amount, the SBA guaranteed $23,400.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 14 employees. This SBA loan request indicated that the loan would help retain 14 existing jobs.
Getting an SBA Loan For Your Business
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
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 $46,800 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.
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