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December 22, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Perryville, Business Loans > The Bank Of Missouri Perryville Business Loans > Beauty Salons Loan | ||||
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The Bank Of Missouri Business Loans
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Loans for Beauty SalonsLooking for loans for beauty salons? The SBA may be the answer. This $25,000 beauty salons loan was issued by a Missouri bank. This company knew how to go about getting a business bank loan. Based in Columbia, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2008. The lending bank was The Bank Of Missouri, based in Perryville, Missouri. SBA Loan Borrower COMPANY TYPE: BEAUTY SALONS SBA Loan Lender THE BANK OF MISSOURI This lender processed this 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 812112 - Beauty Salons Loan Approval Date 1/22/2008 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. 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 25 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Find an SBA Lender in Perryville, Missouri
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