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November 14, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Bolivar, Business Loans > Bank Of Bolivar Bolivar Business Loans > Solid Waste Collection Loan | ||||
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SBA Loan from Bank Of Bolivar
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Business Loan from Bank Of Bolivar Given to Solid Waste Collection CompanyBank Of Bolivar has a track record as a leading provider of SBA loans. Find out how this Missouri entrepreneur received an SBA loan from them. Getting a small business loan in Fair Grove, Missouri was an essential business goal for this company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Bank Of Bolivar, operating out of Bolivar, Missouri. Here are the details on this Missouri small business loan. SBA Loan Borrower COMPANY TYPE: SOLID WASTE COLLECTION SBA Loan Lender BANK OF BOLIVAR The lender provided this loan for a small business through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 562111 - Solid Waste Collection Loan Approval Date 6/1/2007 Loan Approval Gross Amount $245,000 Loan Approval from the SBA Of the total $245,000 loan amount, the SBA guaranteed $122,500. 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 5 employees. The loan application indicated that the loan would help generate 5 new jobs and retain 5 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $245,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: SBA 7A Banks for Bolivar, Missouri Loans Where to Get an SBA Loan Missouri
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