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May 4, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Topeka, Business Loans > Silver Lake Bank Topeka Business Loans > E W S Inc Loan | ||||
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Lawrence, Kansas Bank for SBA Loans
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Lawrence, KS Entrepreneur Gets SBA Loan to Buy Wood Re New FranchiseNeed money to invest in a Wood Re New franchise? Silver Lake Bank has a history of making these loans and they are guaranteed by the SBA. Wood Re New franchise loans are available to Lawrence, Kansas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Silver Lake Bank, based in Topeka, Kansas, issued an SBA franchise loan for a Wood Re New franchise in 2007. We've got all the details on this Kansas small business loan. SBA Loan Borrower E W S INC SBA Loan Lender SILVER LAKE BANK 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 238990 - Specialty Trade Contractors Loan Approval Date 8/30/2007 Loan Approval Gross Amount $85,000 Loan Approval from the SBA Of the total $85,000 loan amount, the SBA guaranteed $42,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Wood Re New franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help create 2 new jobs. Next Steps for Getting an SBA Loan SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: SBA Participating Banks in Kansas
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