Wichita, Kansas Business Gets SBA-Guaranteed Funding from Garden Plain State Bank

An SBA loan from Garden Plain State Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Wichita, Kansas business owner got a $215,000 loan.

Getting a small business loan in Wichita, Kansas was an essential business goal for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Garden Plain State Bank, operating out of Wichita, Kansas. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: REPAIR SHOPS AND RELATED SERVICES
WICHITA, KS 67202

SBA Loan Lender

GARDEN PLAIN STATE BANK
10526 W MAPLE
WICHITA, KS 67209

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7699 - Repair Shops and Related Services

NAICS Code

442299 - Home Furnishings Stores

Loan Approval Date

11/12/2004

Loan Approval Gross Amount

$215,000

Loan Approval from the SBA

Of the total $215,000 loan amount, the SBA guaranteed $161,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

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

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Garden Plain State Bank 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.

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Small Business Banks in Wichita, Kansas

Kansas SBA Banks