Food Supplement Stores SBA Loans
With these SBA loans for food supplement stores, the SBA guarantees the lender that the loan will be repaid. This food supplement stores loan for $553,000 was given to a Missouri entrepreneur in 2001.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Crystal City, Missouri was able to borrow $553,000 from U.S. Bank National Association. The SBA made the loan possible by guaranteeing $414,750 of this Missouri small business loan.
SBA Loan Borrower
COMPANY TYPE: FOOD SUPPLEMENT STORES
CRYSTAL CITY, MO 63122
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
446191 - Food Supplement Stores
Loan Approval Date
9/20/2001
Loan Approval Gross Amount
$553,000
Loan Approval from the SBA
Of the total $553,000 loan amount, the SBA guaranteed $414,750.
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 80 employees. The SBA loan documents indicated that the loan would help retain 80 existing jobs.
Next Steps for Getting an SBA Loan
If you need money to start a business or need money to grow a business, an SBA loan can be a great source of funding.
This SBA loan was for $553,000. How would you spend $553,000 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.
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