Insurance Agencies and Brokerages Business Loans
With these business loans for insurance agencies and brokerages, the SBA guarantees the lender that the loan will be repaid. This insurance agencies and brokerages loan for $32,300 was given to a Kansas entrepreneur in 2006.
This business knew how to go about getting a business bank loan. Based in Lenexa, Kansas, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Capital City Bank, based in Topeka, Kansas.
SBA Loan Borrower
COMPANY TYPE: INSURANCE AGENCIES AND BROKERAGES
LENEXA, KS 66215
SBA Loan Lender
CAPITAL CITY BANK
3710 S TOPEKA BLVD
TOPEKA, KS 66609
This lender processed this bank 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
4/11/2006
Loan Approval Gross Amount
$32,300
Loan Approval from the SBA
Of the total $32,300 loan amount, the SBA guaranteed $16,150.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 4 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Getting an SBA Loan For Your Business
If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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:
Financing Your Business
SBA Banks in Topeka, Kansas
Kansas SBA Bank Lenders