Sporting and Recreational Goods and Supplies Wholesalers Small Business Loans
Looking for small business loans for sporting and recreational goods and supplies wholesalers? Try the SBA. This $300,000 sporting and recreational goods and supplies wholesalers loan was issued by a Kansas bank.
This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Intrust Bank, out of Wichita, Kansas. The loan was granted and they received $300,000 to help grow their Wichita, Kansas business.
SBA Loan Borrower
COMPANY TYPE: SPORTING AND RECREATIONAL GOODS AND SUPPLIES WHOLESALERS
WICHITA, KS 67202
SBA Loan Lender
INTRUST BANK
105 N MAIN ST
WICHITA, KS 67202
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide bank loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
421910 - Sporting and Recreational Goods and Supplies Wholesalers
Loan Approval Date
12/17/2004
Loan Approval Gross Amount
$300,000
Loan Approval from the SBA
Of the total $300,000 loan amount, the SBA guaranteed $270,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 3 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
If you need emergency money for small business, 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:
Small Business Loan
SBA Approved Banks in Wichita, Kansas
Kansas SBA 7A Lenders