Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Raising Money in Overbrook, Kansas With SBA Loans

 

 
Loan Census SBA Loan Info

Building Material Dealers Small Business Loans

With these small business loans for building material dealers, the SBA guarantees the lender that the loan will be repaid. This building material dealers loan for $116,000 was given to a Kansas entrepreneur in 2006.

Getting a small business loan in Overbrook, Kansas was important for this growing firm back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Corefirst Bank & Trust, operating out of Topeka, Kansas. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: BUILDING MATERIAL DEALERS
OVERBROOK, KS 66524

SBA Loan Lender

COREFIRST BANK & TRUST
3035 S TOPEKA AVE
TOPEKA, KS 66611

This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

444190 - Building Material Dealers

Loan Approval Date

2/28/2006

Loan Approval Gross Amount

$116,000

Loan Approval from the SBA

Of the total $116,000 loan amount, the SBA guaranteed $58,000.

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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

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 Corefirst Bank & Trust 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.

Related Links:

Business Incubators

SBA Approved Banks in Topeka, Kansas

Getting an SBA Loan in Kansas