Durable Goods Wholesalers Commercial Loans

Looking for commercial loans for durable goods wholesalers? Try the SBA. This $641,000 durable goods wholesalers loan was issued by a Kansas bank.

This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with 1st National Bank - Syracuse, out of Syracuse, Kansas. The loan was granted and they received $641,000 to help grow their Syracuse, Kansas business.

SBA Loan Borrower

COMPANY TYPE: DURABLE GOODS
SYRACUSE, KS 67878

SBA Loan Lender

1ST NATIONAL BANK - SYRACUSE
11 N MAIN ST
SYRACUSE, KS 67878

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5099 - Durable Goods

NAICS Code

421990 - Durable Goods Wholesalers

Loan Approval Date

5/16/2002

Loan Approval Gross Amount

$641,000

Loan Approval from the SBA

Of the total $641,000 loan amount, the SBA guaranteed $480,750.

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 15 employees. This SBA loan request did not indicate that the company promised to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

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.

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