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May 12, 2024  
 
 
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Kansas Bank SBA Loans

 

 
Loan Census SBA Loan Info

Kaw Valley Bank SBA Loan to No Industry Type Specified Company

Searching for a Kansas business loan? Here's one Kansas business loan that was approved by the SBA.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Topeka, Kansas was able to borrow $14,200 from Kaw Valley Bank. The SBA made the loan possible by guaranteeing $7,100 of this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: NO INDUSTRY TYPE SPECIFIED
TOPEKA, KS 66605

SBA Loan Lender

KAW VALLEY BANK
1110 N KANSAS AVE
TOPEKA, KS 66608

This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

518111 -

Loan Approval Date

9/14/2007

Loan Approval Gross Amount

$14,200

Loan Approval from the SBA

Of the total $14,200 loan amount, the SBA guaranteed $7,100.

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 2 employees. This SBA loan request indicated that the funding would help create 2 new jobs.

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

Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Kaw Valley Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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 Venture Capital

Small Bank Loans in Topeka, Kansas

Kansas SBA Bank Lenders