Financing for Truck Trailer Manufacturing
Looking for loans for truck trailer manufacturing? The SBA may be the answer. This $20,000 truck trailer manufacturing loan was issued by a Missouri bank.
This small firm knew how to go about getting a business bank loan. Based in Carthage, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Hometown Bank, based in Carthage, Missouri.
SBA Loan Borrower
COMPANY TYPE: TRUCK TRAILERS
CARTHAGE, MO 64836
SBA Loan Lender
HOMETOWN BANK
312 W CENTRAL
CARTHAGE, MO 64836
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
3715 - Truck Trailers
NAICS Code
336212 - Truck Trailer Manufacturing
Loan Approval Date
3/1/2000
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $16,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 only one employee. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Hometown Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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 Banks in Carthage, Missouri
Getting an SBA Loan in Missouri