Gypsum Product Manufacturing Commercial Loans

With these commercial loans for gypsum product manufacturing, the SBA guarantees the lender that the loan will be repaid. This gypsum product manufacturing loan for $243,400 was given to a Kansas entrepreneur in 2006.

This small business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Sunflower Bank, out of Salina, Kansas. The loan was granted and they received $243,400 to help grow their Wichita, Kansas business.

SBA Loan Borrower

COMPANY TYPE: GYPSUM PRODUCT MANUFACTURING
WICHITA, KS 67213

SBA Loan Lender

SUNFLOWER BANK
2090 S OHIO ST
SALINA, KS 67401

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

327420 - Gypsum Product Manufacturing

Loan Approval Date

3/31/2006

Loan Approval Gross Amount

$243,400

Loan Approval from the SBA

Of the total $243,400 loan amount, the SBA guaranteed $121,700.

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 4 employees. The loan application indicated that the loan would help retain 4 existing jobs.

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

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

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:

SBIR Funding

Where to Get an SBA Loan in Salina, Kansas

Getting an SBA Loan in Kansas