Charter Bus Industry Loans

With these loans for charter bus industry, the SBA guarantees the lender that the loan will be repaid. This charter bus industry loan for $75,000 was given to a Missouri entrepreneur in 2004.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Branson, Missouri was able to borrow $75,000 from Metropolitan National Bank. The SBA made the loan possible by guaranteeing $63,750 of this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: BUS CHARTER SERVICE
BRANSON, MO 65616

SBA Loan Lender

METROPOLITAN NATIONAL BANK
600 S GLENSTONE
SPRINGFIELD, MO 65802

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA small business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4142 - Bus Charter Service

NAICS Code

485510 - Charter Bus Industry

Loan Approval Date

10/20/2004

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

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 14 employees. The loan application did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a business in Branson MO, you ought to talk with a local Branson SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Branson businesses.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Metropolitan National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

The Art of Bootstrapping

SBA Approved Banks in Springfield, Missouri

Missouri SBA 7A Lenders