Kansas City, Missouri Bank Lends Money to General Long-Distance Freight Trucking Company in Bonne Terre, Missouri
Thinking about meeting with a Kansas City, Missouri bank about an SBA loan? Here's one Missouri business loan, issued by a Kansas City bank, that was approved by the SBA.
Applying for an SBA loan with Commerce Bank worked out well for our friends at one local company in Bonne Terre, Missouri. The business was able to get an SBA loan for $30,400. Great job!
SBA Loan Borrower
COMPANY TYPE: GENERAL LONG-DISTANCE FREIGHT TRUCKING
Bonne Terre, MO 63628
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.
NAICS Code
484121 - General Long-Distance Freight Trucking
Loan Approval Date
12/27/2007
Loan Approval Gross Amount
$30,400
Loan Approval from the SBA
Of the total $30,400 loan amount, the SBA guaranteed $15,200.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Financing Your Business
Best Kansas City, Missouri Banks for Small Business
SBA Participating Banks in Missouri