Branson, Missouri Business Gets SBA-Guaranteed Funding from Branson Bank

An SBA loan from Branson Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Branson, Missouri business owner got a $26,000 loan.

This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Branson Bank, out of Branson, Missouri. The loan was granted and they received $26,000 to help grow their Branson, Missouri business.

SBA Loan Borrower

COMPANY TYPE: BEAUTY SHOPS
BRANSON, MO 65616

SBA Loan Lender

BRANSON BANK
1501 STATE HWY 248
BRANSON, MO 65616

This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7231 - Beauty Shops

NAICS Code

812112 - Beauty Salons

Loan Approval Date

1/15/2002

Loan Approval Gross Amount

$26,000

Loan Approval from the SBA

Of the total $26,000 loan amount, the SBA guaranteed $22,100.

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 2 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

SBIR Funding

SBA Participating Banks in Branson, Missouri

Getting an SBA Loan in Missouri