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November 21, 2024  
 
 
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Columbia, Missouri Bank Lends Money to Fitness And Recreational Sports Centers Company in Columbia, Missouri

Thinking about meeting with a Columbia, Missouri bank about an SBA loan? Here's one Missouri business loan, issued by a Columbia bank, that was approved by the SBA.

Applying for an SBA loan with Boone Cnty National Bank - Columbia worked out well for our friends at one local company in Columbia, Missouri. They got an SBA loan for $20,000. Way to go!

SBA Loan Borrower

COMPANY TYPE: FITNESS AND RECREATIONAL SPORTS CENTERS
COLUMBIA, MO 65203

SBA Loan Lender

BOONE CNTY NATIONAL BANK - COLUMBIA
720 E BROADWAY
COLUMBIA, MO 65201

The lender provided this SBA loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

1/13/2006

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Boone Cnty National Bank - Columbia so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

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SBA Participating Banks in Columbia, Missouri

SBA Lenders in Missouri