Central National Bank SBA Loan to Landscaping Services Company

An SBA loan from Central National Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Topeka, Kansas business owner got a $125,000 loan.

This small firm knew how to go about getting a business bank loan. Based in Topeka, Kansas, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Central National Bank, based in Topeka, Kansas.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
TOPEKA, KS 66610

SBA Loan Lender

CENTRAL NATIONAL BANK
1920 SW WANAMAKER RD
TOPEKA, KS 66612

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

1/13/2003

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $106,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 32 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are raising money in Topeka KS, you ought to talk with a local Topeka SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Topeka businesses.

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.

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