Where to Get Capital for Gift, Novelty, and Souvenir Stores
Looking for small business loans for gift, novelty, and souvenir stores? An SBA loan may be just what you've been looking for. This $47,500 gift, novelty, and souvenir stores loan was issued by a Missouri bank.
This company knew how to go about getting a business bank loan. Based in Eureka, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Commerce Bank, based in Kansas City, Missouri.
SBA Loan Borrower
COMPANY TYPE: GIFT, NOVELTY, AND SOUVENIR STORES
EUREKA, MO 63025
SBA Loan Lender
COMMERCE BANK
1000 WALNUT ST
KANSAS CITY, MO 64141
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
453220 - Gift, Novelty, and Souvenir Stores
Loan Approval Date
4/18/2006
Loan Approval Gross Amount
$47,500
Loan Approval from the SBA
Of the total $47,500 loan amount, the SBA guaranteed $23,750.
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 no employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Next Steps for Getting an SBA Loan
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
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:
Financing Your Business
SBA 7A Lenders in Kansas City, Missouri
Getting a Business Loan in Missouri