Branson, Missouri Lender Lends Money to Food Stores Company
Want to talk with a Branson, Missouri bank about a business loan? Here's one Missouri business loan, issued by a Branson bank, that was approved by the SBA.
Applying for an SBA loan with Ozark Mountain Bank worked out well for our friends at one local business in Branson, Missouri. The business was able to get an SBA loan for $100,000. Awesome!
SBA Loan Borrower
COMPANY TYPE: FOOD STORES
BRANSON, MO 65616
SBA Loan Lender
OZARK MOUNTAIN BANK
400 S BUSINESS 65
BRANSON, MO 65616
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.
SIC Code
5499 - Food Stores
NAICS Code
445299 - Specialty Food Stores
Loan Approval Date
2/15/2001
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $85,000.
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 12 employees. The loan application did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great funding source
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Ozark Mountain 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:
Obtaining Funding - Getting Venture Capital
Find an SBA Lender in Branson, Missouri
Getting an SBA Loan in Missouri