Loan to Buy Steamatic Franchise Issued By Emprise Bank

Borrowing money to purchase a Steamatic franchise? Emprise Bank has a history of making these loans and they are guaranteed by the SBA.

Steamatic franchise loans are available to Wichita, Kansas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Emprise Bank, based in Wichita, Kansas, issued an SBA franchise loan for a Steamatic franchise in 2000. We've got all the details on this Kansas small business loan.

SBA Loan Borrower

D & D ROLAND ENTERPRISES,LLC
WICHITA, KS 67209

SBA Loan Lender

EMPRISE BANK
257 N BROADWAY
WICHITA, KS 67202

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide commercial loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7217 - Carpet and Upholstery Cleaning

NAICS Code

561740 - Carpet and Upholstery Cleaning Services

Loan Approval Date

7/3/2000

Loan Approval Gross Amount

$750,000

Loan Approval from the SBA

Of the total $750,000 loan amount, the SBA guaranteed $562,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Steamatic franchise. At the time of the loan, the company had 26 employees. This SBA loan request did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

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

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Steamatic, Inc.

How to Raise Money

Who Lends Money to Small Businesses in Wichita, Kansas

Kansas SBA 7A Lenders