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December 22, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Osage Beach, Business Loans > Central Bank - Lake - Ozarks Osage Beach Business Loans > Coin-Operated Amusement Devices Loan | ||||
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Banks for Camdenton, Missouri Business Owners
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Camdenton, Missouri Entrepreneur Gets a Bank LoanBusiness loans in Missouri are tough to come by these days. We take a look at one Missouri business loan, provided by a Missouri bank, that was approved by the SBA. You can learn something about getting a small business loan in Camdenton, Missouri by studying this loan to a local business, made back in 2003. Banks like Central Bank - Lake - Ozarks may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: COIN-OPERATED AMUSEMENT DEVICES SBA Loan Lender CENTRAL BANK - LAKE - OZARKS This lender issued this particular business 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 7993 - Coin-Operated Amusement Devices NAICS Code 713990 - Amusement and Recreation Industries Loan Approval Date 12/1/2003 Loan Approval Gross Amount $60,500 Loan Approval from the SBA Of the total $60,500 loan amount, the SBA guaranteed $51,425. 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 loan application did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. This SBA loan was for $60,500. How would you spend $60,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Best Banks in Osage Beach, Missouri
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