Where to Get Capital for Motor Vehicle Supplies and New Parts Merchant Wholesalers

With these small business loans for motor vehicle supplies and new parts merchant wholesalers, the SBA guarantees the lender that the loan will be repaid. This motor vehicle supplies and new parts merchant wholesalers loan for $36,500 was given to a Missouri entrepreneur in 2004.

Getting a small business loan in Carterville, Missouri was important for this growing firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Arvest Bank, operating out of Fayetteville, Arkansas. Here are the details on this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: MOTOR VEHICLE SUPPLIES AND NEW PARTS MERCHANT WHOLESALERS
Carterville, MO 64835

SBA Loan Lender

ARVEST BANK
75 N EAST AVE
FAYETTEVILLE, AR 72701

This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

423120 - Motor Vehicle Supplies and New Parts Merchant Wholesalers

Loan Approval Date

11/12/2004

Loan Approval Gross Amount

$36,500

Loan Approval from the SBA

Of the total $36,500 loan amount, the SBA guaranteed $18,250.

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 only one employee. The loan application did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need business start up money in Carterville MO, you ought to talk with a local Carterville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Carterville businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Arvest Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

SBIR Funding

Small Bank Loans in Fayetteville, Arkansas

Getting a Business Loan in Arkansas