Commercial Loans for Pharmacies and Drug Stores
Looking for commercial loans for pharmacies and drug stores? Talk to a banker who works with the SBA. This $535,000 pharmacies and drug stores loan was issued by a Kansas bank.
This business knew how to go about getting a business bank loan. Based in Hays, Kansas, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Emprise Bank, based in Hays, Kansas.
SBA Loan Borrower
COMPANY TYPE: DRUG STORES AND PROPRIETARY STORES
HAYS, KS 67601
SBA Loan Lender
EMPRISE BANK
1200 MAIN ST
HAYS, KS 67601
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5912 - Drug Stores and Proprietary Stores
NAICS Code
446110 - Pharmacies and Drug Stores
Loan Approval Date
1/26/2000
Loan Approval Gross Amount
$535,000
Loan Approval from the SBA
Of the total $535,000 loan amount, the SBA guaranteed $401,250.
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 8 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 8 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Emprise Bank and they will explain how you can get an SBA loan for your company.
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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