Bank Of Mansfield SBA Loan to Special Trade Contractors Company

An SBA loan from Bank Of Mansfield typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Diggins, Missouri business owner got a $145,000 loan.

This small firm knew how to go about getting a business bank loan. Based in Diggins, Missouri, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Bank Of Mansfield, based in Mansfield, Missouri.

SBA Loan Borrower

COMPANY TYPE: SPECIAL TRADE CONTRACTORS
DIGGINS, MO 65636

SBA Loan Lender

BANK OF MANSFIELD
110 E COMMERCIAL ST
MANSFIELD, MO 65704

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1799 - Special Trade Contractors

NAICS Code

235990 - Special Trade Contractors

Loan Approval Date

1/12/2000

Loan Approval Gross Amount

$145,000

Loan Approval from the SBA

Of the total $145,000 loan amount, the SBA guaranteed $108,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Of Mansfield and they will explain how you can get an SBA loan for your company.

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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