Growing Company Gets a Missouri Bank Loan

Would a Missouri bank loan help help your firm avoid a serious cash crunch? If so, you may want to talk with this Missouri bank, which offers SBA loans to Missouri entrepreneurs.

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 SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

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

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $75,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 15 employees. The loan application did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Dealing With Venture Capitalists

SBA Approved Banks in Nixa, Missouri

Missouri SBA 7A Banks