 |
 |
December 22, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Missouri Business Loan Sources > Keokuk, Business Loans > State Central Bank Keokuk Business Loans > Commercial And Industrial Machinery And Equipment Loan | ||||
 |
||||
Keokuk Bank Loan
|
||||
 |
Entrepreneur Works With Keokuk, Iowa Bank to Get an SBA LoanFind Keokuk, Iowa banks that specialize in SBA loans and know how to work with entrepreneurs. State Central Bank is one such bank, as evidenced by this SBA loan to one business. Finding a small business loan in Alexandria, Missouri starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from State Central Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: COMMERCIAL AND INDUSTRIAL MACHINERY AND EQUIPMENT SBA Loan Lender STATE CENTRAL BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811310 - Commercial and Industrial Machinery and Equipment Loan Approval Date 3/30/2004 Loan Approval Gross Amount $70,500 Loan Approval from the SBA Of the total $70,500 loan amount, the SBA guaranteed $59,925. More Information on This SBA Loan The borrower borrowed this money for a new 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 2 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like State Central Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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: Advice on Getting a Small Business Loan
|
|
||
|
||||
|
|
||||