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December 19, 2024  
 
 
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St. George SBA Loans

 

 
Loan Census SBA Loan Info

Central National Bank Gives Small Business Loan to Beer, Wine, And Liquor Stores Company

KansasSmall business loans are available to Kansas small business owners through the SBA. In this case, a Kansas bank provides the loan.

Getting a small business loan in St. George, Kansas was a top priority for this small company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Central National Bank. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
ST. GEORGE, KS 66535

SBA Loan Lender

CENTRAL NATIONAL BANK
802 N WASHINGTON ST
JUNCTION CITY, KS 66441

The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

445310 - Beer, Wine, and Liquor Stores

Loan Approval Date

9/5/2007

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $75,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 4 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Central National Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Central National Bank 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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SBA 7A Lenders in Junction City, Kansas

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