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November 15, 2024  
 
 
  Business Loan Information  
 

Clayton, Missouri Bank Loan

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Holding Companies

Looking for loans for holding companies? Try the SBA. This $50,000 holding companies loan was issued by a Missouri bank.

Getting a small business loan in Clayton, Missouri was important for this growing firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Commerce Bank, operating out of Kirkwood, Missouri. Here are the details on this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: HOLDING COMPANIES
CLAYTON, MO 63105

SBA Loan Lender

COMMERCE BANK
300 N KIRKWOOD RD
KIRKWOOD, MO 63122

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.

NAICS Code

551112 - Holding Companies

Loan Approval Date

4/9/2001

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

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 3 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

We've showcased information on this loan to let you know that businesses like yours 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.

Related Links:

Financing Your Business

Best Banks in Kirkwood, Missouri

Where to Get an SBA Loan Missouri