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November 21, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Springfield, Business Loans > Empire Bank Springfield Business Loans > Drinking Places Loan | ||||
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Springfield SBA Lenders
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Springfield, Missouri Bank Lends Money to Drinking Places Company in Bolivar, MissouriThinking about meeting with a Springfield, Missouri bank about an SBA loan? Here's one Missouri business loan, issued by a Springfield bank, that was approved by the SBA. Applying for an SBA loan with Empire Bank worked out well for our friends at one local business in Bolivar, Missouri. They received an SBA loan for $145,000. Nice! SBA Loan Borrower COMPANY TYPE: DRINKING PLACES SBA Loan Lender EMPIRE BANK This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722410 - Drinking Places Loan Approval Date 7/12/2007 Loan Approval Gross Amount $145,000 Loan Approval from the SBA Of the total $145,000 loan amount, the SBA guaranteed $123,250. 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 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs. Great, But How Can I Get an SBA Loan for My Business? For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. While you may be able to find business people willing to loan money, 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: Microlending as a Small Business Funding Source SBA 7A Banks for Springfield, Missouri Loans SBA Participating Banks in Missouri
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