Chesterfield, Missouri Business Gets SBA-Guaranteed Funding from Cass Commercial Bank

Cass Commercial Bank has a track record as a leading provider of SBA loans. Find out how this Missouri entrepreneur received an SBA loan from them.

This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Cass Commercial Bank, out of Bridgeton, Missouri. The loan was granted and they received $1,865,000 to help grow their Chesterfield, Missouri business.

SBA Loan Borrower

COMPANY TYPE: MANAGEMENT SERVICES
CHESTERFIELD, MO 63044

SBA Loan Lender

CASS COMMERCIAL BANK
13001 HOLLENBERG DR
BRIDGETON, MO 63044

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide bank loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8741 - Management Services

NAICS Code

541330 - Engineering Services

Loan Approval Date

4/26/2001

Loan Approval Gross Amount

$1,865,000

Loan Approval from the SBA

Of the total $1,865,000 loan amount, the SBA guaranteed $999,640.

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 48 employees. This SBA loan request did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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.

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