Office Machinery Manufacturing Commercial Loans
Looking for commercial loans for office machinery manufacturing? An SBA loan may be just what you've been looking for. This $1,993,500 office machinery manufacturing loan was issued by a Kansas bank.
This small business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Corefirst Bank & Trust, out of Topeka, Kansas. The loan was granted and they received $1,993,500 to help grow their Topeka, Kansas business.
SBA Loan Borrower
COMPANY TYPE: OFFICE MACHINERY MANUFACTURING
TOPEKA, KS 66608
SBA Loan Lender
COREFIRST BANK & TRUST
3035 S TOPEKA AVE
TOPEKA, KS 66611
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide debt financing to to entrepreneurs who might have trouble getting a conventional bank loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
333313 - Office Machinery Manufacturing
Loan Approval Date
6/7/2007
Loan Approval Gross Amount
$1,993,500
Loan Approval from the SBA
Of the total $1,993,500 loan amount, the SBA guaranteed $1,495,125.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 14 employees. The SBA loan application for the borrower indicated that the loan would help retain 14 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Corefirst Bank & Trust so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Business Cash Advances
Find an SBA Lender in Topeka, Kansas
Kansas SBA 7A Lenders