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December 22, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Perryville, Business Loans > The Bank Of Missouri Perryville Business Loans > Store Retailers Loan | ||||
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Business Loans for Columbia Small Businesses
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Store Retailers LoansLooking for loans for store retailers? Talk to a banker who works with the SBA. This $67,000 store retailers loan was issued by a Missouri bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Columbia, Missouri was able to borrow $67,000 from The Bank Of Missouri. The SBA made the loan possible by guaranteeing $56,950 of this Missouri small business loan. SBA Loan Borrower COMPANY TYPE: STORE RETAILERS SBA Loan Lender THE BANK OF MISSOURI SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 453998 - Store Retailers Loan Approval Date 9/23/2005 Loan Approval Gross Amount $67,000 Loan Approval from the SBA Of the total $67,000 loan amount, the SBA guaranteed $56,950. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. While you may be able to find other ways to get money to start a business, 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: A Company That Helps Entrepreneurs Good Banks for Small Business in Perryville, Missouri Find an SBA Lender in Missouri
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