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May 11, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Junction City, Business Loans > Central National Bank Junction City Business Loans > Spectator Sports Loan | ||||
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Kansas Small Business Funding
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Financing for Spectator SportsLooking for commercial loans for spectator sports? Talk to a banker who works with the SBA. This $147,500 spectator sports loan was issued by a Kansas bank. This business knew how to go about getting a business bank loan. Based in Newton, Kansas, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Central National Bank, based in Junction City, Kansas. SBA Loan Borrower COMPANY TYPE: SPECTATOR SPORTS SBA Loan Lender CENTRAL NATIONAL BANK This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 711219 - Spectator Sports Loan Approval Date 1/14/2004 Loan Approval Gross Amount $147,500 Loan Approval from the SBA Of the total $147,500 loan amount, the SBA guaranteed $125,375. 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 only one employee. The loan application did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! 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. We can help you find the best banks for small businesses in Newton or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Raising VC Money for Social Networking Companies Banks in Junction City, Kansas
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