Borrow Money to Buy an Allstate Insurance Franchise
Need money to buy an Allstate Insurance franchise? Central National Bank has a history of making these loans and they are guaranteed by the SBA.
Allstate Insurance franchise loans are available to Hesston, Kansas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Central National Bank, based in Junction City, Kansas, issued an SBA franchise loan for an Allstate Insurance franchise in 2006. We've got all the details on this Kansas small business loan.
SBA Loan Borrower
SCOTT G WEDEL
HESSTON, KS 67062
SBA Loan Lender
CENTRAL NATIONAL BANK
802 N WASHINGTON ST
JUNCTION CITY, KS 66441
This lender processed this 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
524210 - Insurance Agencies and Brokerages
Loan Approval Date
3/1/2006
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $10,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy an Allstate Insurance franchise. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job.
Getting an SBA Loan For Your Business
If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great way to raise money
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Central National 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:
Allstate Insurance
Equity Financing
Who Lends Money to Small Businesses in Junction City, Kansas
SBA Lenders in Kansas