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November 24, 2024  
 
 
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Missouri Bank SBA Loans

 

 
Loan Census SBA Loan Info

Commerce Bank SBA Loan to Photofinishing Laboratories Company

Looking to get a Missouri SBA loan? Here's one Missouri business loan that was approved by the SBA.

This growing firm needed an SBA business loan in Blue Springs, Missouri back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Commerce Bank, operating out of Kansas City, Missouri. Here are the details on this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: PHOTOFINISHING LABORATORIES
BLUE SPRINGS, MO 64015

SBA Loan Lender

COMMERCE BANK
1000 WALNUT ST
KANSAS CITY, MO 64141

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

SIC Code

7384 - Photofinishing Laboratories

Loan Approval Date

1/26/2000

Loan Approval Gross Amount

$60,000

Loan Approval from the SBA

Of the total $60,000 loan amount, the SBA guaranteed $30,000.

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 3 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you have been wondering how do i get money to start a business in Blue Springs MO, you ought to talk with a local Blue Springs SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Blue Springs businesses.

We can help you find the best banks for small businesses in Blue Springs or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

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Best Banks for Small Business in Kansas City, Missouri

Missouri SBA 7A Lenders