Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

How to Get SBA Loans in Cuba, Missouri

 

 
Loan Census SBA Loan Info

Loans for Store Retailers

Looking for loans for store retailers? Talk to a banker who works with the SBA. This $200,000 store retailers loan was issued by a Missouri bank.

This company received financial assistance through the SBA's lending programs back in 2008. They applied for an SBA loan with Bank Of Sullivan, out of Sullivan, Missouri. The loan was granted and they received $200,000 to help grow their Cuba, Missouri business.

SBA Loan Borrower

COMPANY TYPE: STORE RETAILERS
CUBA, MO 65453

SBA Loan Lender

BANK OF SULLIVAN
318 W MAIN ST
SULLIVAN, MO 63080

The lender provided this 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

453998 - Store Retailers

Loan Approval Date

1/3/2008

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $100,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help create 2 new jobs.

Start the Process for Getting an SBA Loan Today!

Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Angel Investors

SBA Banks in Sullivan, Missouri

SBA Participating Banks in Missouri