Liquefied Petroleum Gas Dealers Commercial Loans

Looking for commercial loans for liquefied petroleum gas dealers? An SBA loan may be just what you've been looking for. This $179,000 liquefied petroleum gas dealers loan was issued by a Kansas bank.

This small business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with The First State Bank Of Healy, out of Healy, Kansas. The loan was granted and they received $179,000 to help grow their Sharon Springs, Kansas business.

SBA Loan Borrower

COMPANY TYPE: LIQUEFIED PETROLEUM GAS DEALERS
SHARON SPRINGS, KS 67758

SBA Loan Lender

THE FIRST STATE BANK OF HEALY
JAYHAWK PLAZA ON K-4
HEALY, KS 67850

This bank 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

5984 - Liquefied Petroleum Gas Dealers

NAICS Code

454312 - Liquefied Petroleum Gas Dealers

Loan Approval Date

9/7/2004

Loan Approval Gross Amount

$179,000

Loan Approval from the SBA

Of the total $179,000 loan amount, the SBA guaranteed $134,250.

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. The SBA loan documents did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

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.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. The First State Bank Of Healy had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, The First State Bank Of Healy made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

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Small Bank Loans in Healy, Kansas

SBA Participating Banks in Kansas