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November 24, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Manhattan, Business Loans > Community First National Bank Manhattan Business Loans > Full-Service Restaurants Loan | ||||
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Kansas SBA Banks
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Manhattan, Kansas Bank Lends Money to Full-Service Restaurants Company in Manhattan, KansasA Manhattan, Kansas SBA loan can be yours. Learn how one firm got a $117,600 business loan from this Kansas bank. This loan to a local firm is a good example of an SBA loan. Community First National Bank made the loan and the SBA guaranteed a portion of the loan. Many other Kansas entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender COMMUNITY FIRST NATIONAL BANK The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 4/24/2007 Loan Approval Gross Amount $117,600 Loan Approval from the SBA Of the total $117,600 loan amount, the SBA guaranteed $99,960. 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 14 employees. The SBA loan application for the borrower indicated that the loan would help retain 14 existing jobs. Next Steps for Getting an SBA Loan 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. We can help you find the best banks for small businesses in Manhattan or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Small Bank Loans in Manhattan, Kansas
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