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November 15, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Bridgeton, Business Loans > Cass Commercial Bank Bridgeton Business Loans > Conveyor And Conveying Equipment Manufacturing Loan | ||||
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Bridgeton, Missouri SBA 7A Banks
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Bridgeton, Missouri Bank Lends Money to Conveyor And Conveying Equipment Manufacturing Company in Fenton, MissouriA Bridgeton, Missouri small business loan can be yours. Learn how a company got a $300,000 business loan from this Missouri bank. This loan to a local firm is a good example of an SBA loan. Cass Commercial Bank made the loan and the SBA guaranteed a portion of the loan. Many other Missouri entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: CONVEYOR AND CONVEYING EQUIPMENT MANUFACTURING SBA Loan Lender CASS COMMERCIAL BANK This SBA small business 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 333922 - Conveyor and Conveying Equipment Manufacturing Loan Approval Date 7/27/2005 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $270,000. 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 25 employees. The SBA loan documents did not indicate that the small business promised to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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 Bridgeton, Missouri Loans
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