Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

SBA Lender Topeka, Kansas

 

 
Loan Census SBA Loan Info

Topeka, Kansas Lender Lends Money to Book Publishing Company

Get to know Topeka, Kansas banks that specialize in small business loans and know how to work with entrepreneurs. Silver Lake Bank is one such bank, as evidenced by this SBA loan to a growing company.

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

SBA Loan Borrower

COMPANY TYPE: BOOK PUBLISHING
TECUMSEH, KS 66542

SBA Loan Lender

SILVER LAKE BANK
201 NW HWY 24
TOPEKA, KS 66608

This lender issued this SBA loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 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

2731 - Book Publishing

NAICS Code

511130 - Book Publishers

Loan Approval Date

4/16/2002

Loan Approval Gross Amount

$134,272

Loan Approval from the SBA

Of the total $134,272 loan amount, the SBA guaranteed $114,131.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. This SBA loan request did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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

We can help you find the best banks for small businesses in Tecumseh 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:

Borrowing Money from Friends and Family

Best Banks for Small Business in Topeka, Kansas

Getting an SBA Loan in Kansas