First State Bank Of St. Robert SBA Loan to Eating Places Company
Searching for a Missouri business loan? Here's one Missouri business loan that was approved by the SBA.
This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with First State Bank Of St. Robert, out of Saint Robert, Missouri. The loan was granted and they received $82,000 to help grow their Crocker, Missouri business.
SBA Loan Borrower
COMPANY TYPE: EATING PLACES
CROCKER, MO 65452
SBA Loan Lender
FIRST STATE BANK OF ST. ROBERT
926 OLD RTE 66 EAST
SAINT ROBERT, MO 65584
This lender issued this particular loan for a small business 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.
SIC Code
5812 - Eating Places
Loan Approval Date
4/21/2000
Loan Approval Gross Amount
$82,000
Loan Approval from the SBA
Of the total $82,000 loan amount, the SBA guaranteed $65,600.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 14 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Understanding Dilution
Find an SBA Lender in Saint Robert, Missouri
Missouri SBA 7A Lenders