Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Alton, Missouri Bank Loan

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Convenience Stores

Looking for bank loans for convenience stores? An SBA loan may be just what you've been looking for. This $339,500 convenience stores loan was issued by a Missouri bank.

This company knew how to go about getting a business bank loan. Based in Alton, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Great Southern Bank, based in Reeds Spring, Missouri.

SBA Loan Borrower

COMPANY TYPE: GROCERY STORES
ALTON, MO 65606

SBA Loan Lender

GREAT SOUTHERN BANK
14309 HWY 13
REEDS SPRING, MO 65737

This lender issued this SBA business loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5411 - Grocery Stores

NAICS Code

445120 - Convenience Stores

Loan Approval Date

10/24/2001

Loan Approval Gross Amount

$339,500

Loan Approval from the SBA

Of the total $339,500 loan amount, the SBA guaranteed $254,625.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 13 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $339,500 loan. Remember, fight for what you want, and it will be yours!

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:

Business Credit Evaluation

Where to Get an SBA Loan in Reeds Spring, Missouri

Missouri SBA 7A Lenders