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November 15, 2024  
 
 
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Loan Census SBA Loan Info

Get an SBA Loan for Water and Sewer Line and Related Structures Construction

Looking for bank loans for water and sewer line and related structures construction? Try the SBA. This $250,000 water and sewer line and related structures construction loan was issued by a Kansas bank.

This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Kaw Valley Bank, out of Topeka, Kansas. The loan was granted and they received $250,000 to help grow their Topeka, Kansas business.

SBA Loan Borrower

COMPANY TYPE: WATER AND SEWER LINE AND RELATED STRUCTURES CONSTRUCTION
TOPEKA, KS 66605

SBA Loan Lender

KAW VALLEY BANK
1110 N KANSAS AVE
TOPEKA, KS 66608

This lender processed this SBA business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

237110 - Water and Sewer Line and Related Structures Construction

Loan Approval Date

7/24/2006

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

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

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower indicated that the funding would help generate 4 new jobs.

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

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Kaw Valley Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Kaw Valley 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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