Loans for Convenience Stores

Looking for loans for convenience stores? The SBA may be the answer. This $600,000 convenience stores loan was issued by a Missouri bank.

This company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Security Bank Of The Ozarks, out of Eminence, Missouri. The loan was granted and they received $600,000 to help grow their Eminence, Missouri business.

SBA Loan Borrower

COMPANY TYPE: CONVENIENCE STORES
EMINENCE, MO 65466

SBA Loan Lender

SECURITY BANK OF THE OZARKS
103 S MAIN ST
EMINENCE, MO 65466

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA business loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445120 - Convenience Stores

Loan Approval Date

4/7/2006

Loan Approval Gross Amount

$600,000

Loan Approval from the SBA

Of the total $600,000 loan amount, the SBA guaranteed $450,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 6 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Security Bank Of The Ozarks had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Security Bank Of The Ozarks made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

A Company That Helps Entrepreneurs

Small Business Banks in Eminence, Missouri

SBA Missouri Lenders