Intrust Bank SBA Loan to Store Retailers 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 knew how to go about getting a business bank loan. Based in Wichita, Kansas, they applied for and received an SBA-guaranteed loan in 2005. The lending bank was Intrust Bank, based in Wichita, Kansas.
SBA Loan Borrower
COMPANY TYPE: STORE RETAILERS
WICHITA, KS 67226
SBA Loan Lender
INTRUST BANK
105 N MAIN ST
WICHITA, KS 67202
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
453998 - Store Retailers
Loan Approval Date
11/21/2005
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $85,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 6 employees. The loan application indicated that the loan would help retain 6 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you need money to start a small business or need money to grow a business, an SBA loan can be a great way to raise money
We can help you find the best banks for small businesses in Wichita or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Determining Proper Capital Structure for a Business
SBA Participating Banks in Wichita, Kansas
Kansas SBA 7A Lenders