Topeka, Kansas Lender Lends Money to Local And Suburban Transit Company

Find Topeka, Kansas banks that specialize in business loans and know how to work with entrepreneurs. Capital City Bank is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Sabetha, Kansas starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Capital City Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: LOCAL AND SUBURBAN TRANSIT
SABETHA, KS 66534

SBA Loan Lender

CAPITAL CITY BANK
3710 S TOPEKA BLVD
TOPEKA, KS 66609

This lender issued this bank loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4111 - Local and Suburban Transit

NAICS Code

485999 - Transit and Ground Passenger Transportation

Loan Approval Date

2/16/2001

Loan Approval Gross Amount

$350,000

Loan Approval from the SBA

Of the total $350,000 loan amount, the SBA guaranteed $262,500.

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 12 employees. The loan application did not indicate that the small business promised to use the funding to add employees 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.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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