Hardware Stores Commercial Loans

Looking for commercial loans for hardware stores? The SBA may be the answer. This $225,000 hardware stores loan was issued by a Missouri bank.

Getting a small business loan in Cassville, Missouri was important for this business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from First State Bank Of Purdy, operating out of Purdy, Missouri. Here are the details on this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: HARDWARE STORES
CASSVILLE, MO 65625

SBA Loan Lender

FIRST STATE BANK OF PURDY
HWY C & KAY AVE
PURDY, MO 65734

This lender issued this SBA business loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5251 - Hardware Stores

NAICS Code

444130 - Hardware Stores

Loan Approval Date

1/29/2003

Loan Approval Gross Amount

$225,000

Loan Approval from the SBA

Of the total $225,000 loan amount, the SBA guaranteed $168,750.

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 6 employees. The loan application did not indicate that the company promised to use the funding 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.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from First State Bank Of Purdy 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:

Business Line of Credit

Good Banks for Small Business in Purdy, Missouri

Where to Get an SBA Loan Missouri