Insurance Agencies and Brokerages Bank Loans

Looking for bank loans for insurance agencies and brokerages? An SBA loan may be just what you've been looking for. This $135,000 insurance agencies and brokerages loan was issued by a Missouri bank.

This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with First National Bank & Trust, out of Columbia, Missouri. The loan was granted and they received $135,000 to help grow their Columbia, Missouri business.

SBA Loan Borrower

COMPANY TYPE: INSURANCE AGENCIES AND BROKERAGES
COLUMBIA, MO 65203

SBA Loan Lender

FIRST NATIONAL BANK & TRUST
801 E BROADWAY
COLUMBIA, MO 65205

This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

524210 - Insurance Agencies and Brokerages

Loan Approval Date

4/28/2005

Loan Approval Gross Amount

$135,000

Loan Approval from the SBA

Of the total $135,000 loan amount, the SBA guaranteed $114,750.

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 only one employee. The SBA loan documents did not indicate that the company promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This SBA loan was for $135,000. How would you spend $135,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

The Friends and Family Network

Best Columbia, Missouri Banks for Small Business

Where to Get an SBA Loan Missouri