Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

How to Get SBA Loans in Kansas City, Kansas

 

 
Loan Census SBA Loan Info

Raising Money for Commercial Photography

With these business loans for commercial photography, the SBA guarantees the lender that the loan will be repaid. This commercial photography loan for $28,900 was given to a Kansas entrepreneur in 2006.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Kansas City, Kansas was able to borrow $28,900 from Commerce Bank. The SBA made the loan possible by guaranteeing $14,450 of this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL PHOTOGRAPHY
kansas city, KS 66103

SBA Loan Lender

COMMERCE BANK
1000 WALNUT ST
KANSAS CITY, MO 64141

This lender processed this SBA business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

541922 - Commercial Photography

Loan Approval Date

12/18/2006

Loan Approval Gross Amount

$28,900

Loan Approval from the SBA

Of the total $28,900 loan amount, the SBA guaranteed $14,450.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 4 employees. The loan application indicated that the loan would help retain 4 existing jobs.

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

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

Related Links:

Advice on Getting a Small Business Loan

SBA 7A Banks for Kansas City, Missouri Loans

Getting an SBA Loan in Missouri