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May 13, 2024  
 
 
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Loan Census SBA Loan Info

Corefirst Bank & Trust Gives Bank Loan to Pet Care Services Company

SBA loans in Kansas are are few and far betweeen these days. We take a look at one Kansas SBA loan, provided by a Kansas bank, that was approved by the SBA.

You can learn something about getting a small business loan in Topeka, Kansas by studying this loan to a local business, made back in 2005. Banks like Corefirst Bank & Trust may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: PET CARE SERVICES
TOPEKA, KS 66618

SBA Loan Lender

COREFIRST BANK & TRUST
3035 S TOPEKA AVE
TOPEKA, KS 66611

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

812910 - Pet Care Services

Loan Approval Date

1/5/2005

Loan Approval Gross Amount

$70,000

Loan Approval from the SBA

Of the total $70,000 loan amount, the SBA guaranteed $35,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help retain 8 existing jobs.

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

If you are raising money in Topeka KS, you ought to talk with a local Topeka SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Topeka businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $70,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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