Company Gets a Missouri Small Business Loan
Looking to get a Missouri SBA loan? This Missouri entrepreneur got an SBA loan, provided by a Missouri bank that works with the SBA to help small business owners.
This company, based in Clever, Missouri, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Peoples Bank Of The Ozarks. We've got the inside scoop on this Missouri small business loan.
SBA Loan Borrower
COMPANY TYPE: TRANSPORTATION EQUIPMENT
CLEVER, MO 65631
SBA Loan Lender
PEOPLES BANK OF THE OZARKS
305 W MT VERNON
NIXA, MO 65714
This lender issued this loan for a small business under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program began in 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
3799 - Transportation Equipment
NAICS Code
336214 - Travel Trailer and Camper Manufacturing
Loan Approval Date
3/13/2003
Loan Approval Gross Amount
$290,000
Loan Approval from the SBA
Of the total $290,000 loan amount, the SBA guaranteed $217,500.
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 15 employees. The loan application did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you need business start up money in Clever MO, you ought to talk with a local Clever SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Clever businesses.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Peoples Bank Of The Ozarks and they will explain how you can get an SBA loan for your company.
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:
Strategic Investors
SBA Participating Banks in Nixa, Missouri
SBA Lenders in Missouri