Lee's Summit, Missouri Bank Lends Money to Pet Care Services Company in Blue Springs, Missouri

Want to talk with a Lee's Summit, Missouri bank about a small business loan? Here's one Missouri business loan, issued by a Lee's Summit bank, that was approved by the SBA.

Applying for an SBA loan with First National Bank - Missouri worked out well for our friends at one local business in Blue Springs, Missouri. They received an SBA loan for $80,000. Way to go!

SBA Loan Borrower

COMPANY TYPE: PET CARE SERVICES
BLUE SPRINGS, MO 64015

SBA Loan Lender

FIRST NATIONAL BANK - MISSOURI
609 N M-291 HWY
LEE'S SUMMIT, MO 64086

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

812910 - Pet Care Services

Loan Approval Date

2/13/2004

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $68,000.

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 6 employees. The loan application did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Borrowing Money from Friends and Family

Banks in Lee's Summit, Missouri

Getting an SBA Loan in Missouri