Refrigerated Warehousing and Storage Commercial Loans

With these commercial loans for refrigerated warehousing and storage, the SBA guarantees the lender that the loan will be repaid. This refrigerated warehousing and storage loan for $216,000 was given to a Kansas entrepreneur in 2004.

Getting a small business loan in Topeka, Kansas was important for this business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Community National Bank, operating out of Topeka, Kansas. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: REFRIGERATED WAREHOUSING AND STORAGE
TOPEKA, KS 66603

SBA Loan Lender

COMMUNITY NATIONAL BANK
5431 SW 29TH ST
TOPEKA, KS 66614

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4222 - Refrigerated Warehousing and Storage

NAICS Code

493120 - Refrigerated Warehousing and Storage

Loan Approval Date

3/9/2004

Loan Approval Gross Amount

$216,000

Loan Approval from the SBA

Of the total $216,000 loan amount, the SBA guaranteed $162,000.

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 12 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Community National Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Equity Financing

Banks in Topeka, Kansas

SBA Kansas Lenders