Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Saint Louis, Missouri Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Saint Louis, Missouri Lender Lends Money to Drycleaning And Laundry Services Company

Get small business loans from a Saint Louis, Missouri bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

Southwest Bank Of St. Louis is a Saint Louis, Missouri small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Missouri company.

SBA Loan Borrower

COMPANY TYPE: DRYCLEANING AND LAUNDRY SERVICES
Creve Coeur, MO 63141

SBA Loan Lender

SOUTHWEST BANK OF ST. LOUIS
2301 S KINGSHIGHWAY BLVD
SAINT LOUIS, MO 63110

This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812320 - Drycleaning and Laundry Services

Loan Approval Date

12/2/2004

Loan Approval Gross Amount

$165,200

Loan Approval from the SBA

Of the total $165,200 loan amount, the SBA guaranteed $123,900.

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 9 employees. The loan application did not indicate that the small business promised to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

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:

Understanding Dilution

Banks in Saint Louis, Missouri

Missouri SBA Banks