Community First National Bank SBA Loan to Carpet And Upholstery Cleaning Company

An SBA loan from Community First National Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Manhattan, Kansas business owner got a $32,200 loan.

This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Community First National Bank, out of Manhattan, Kansas. The loan was granted and they received $32,200 to help grow their Manhattan, Kansas business.

SBA Loan Borrower

COMPANY TYPE: CARPET AND UPHOLSTERY CLEANING
MANHATTAN, KS 66502

SBA Loan Lender

COMMUNITY FIRST NATIONAL BANK
215 S SETH CHILD RD
MANHATTAN, KS 66502

This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7217 - Carpet and Upholstery Cleaning

NAICS Code

561740 - Carpet and Upholstery Cleaning Services

Loan Approval Date

3/20/2006

Loan Approval Gross Amount

$32,200

Loan Approval from the SBA

Of the total $32,200 loan amount, the SBA guaranteed $27,370.

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 only one employee. The loan application did not indicate that the business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $32,200 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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