Business Loan from Umb Bank Given to Building Inspection Services Company
An SBA loan from Umb Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Columbia, Missouri business owner got a $61,000 loan.
This business knew how to go about getting a business bank loan. Based in Columbia, Missouri, they applied for and received an SBA-guaranteed loan in 2008. The lending bank was Umb Bank, based in Kansas City, Missouri.
SBA Loan Borrower
COMPANY TYPE: BUILDING INSPECTION SERVICES
COLUMBIA, MO 65203
SBA Loan Lender
UMB BANK
1010 GRAND BLVD
KANSAS CITY, MO 64106
This 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.
NAICS Code
541350 - Building Inspection Services
Loan Approval Date
1/4/2008
Loan Approval Gross Amount
$61,000
Loan Approval from the SBA
Of the total $61,000 loan amount, the SBA guaranteed $51,850.
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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
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.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Direct Public Offerings
SBA Participating Banks in Kansas City, Missouri
Getting an SBA Loan in Missouri