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November 14, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Brookfield, Business Loans > Ridgestone Bank Brookfield Business Loans > Collection Agencies Loan | ||||
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Requirements for Business Owners On Getting a Loan
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Get an SBA Loan for Collection AgenciesLooking for small business loans for collection agencies? The SBA may be the answer. This $400,000 collection agencies loan was issued by a Wisconsin bank. This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Ridgestone Bank, out of Brookfield, Wisconsin. The loan was granted and they received $400,000 to help grow their Chesterfield, Missouri business. SBA Loan Borrower COMPANY TYPE: COLLECTION AGENCIES SBA Loan Lender RIDGESTONE BANK This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561440 - Collection Agencies Loan Approval Date 7/24/2007 Loan Approval Gross Amount $400,000 Loan Approval from the SBA Of the total $400,000 loan amount, the SBA guaranteed $300,000. 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 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs. Getting an SBA Loan For Your Business The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Ridgestone 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: Find an SBA Lender in Brookfield, Wisconsin
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