Missouri Bank Loan Issued to Metal Stamping Company

Business loans in Missouri are hard to find these days. We take a look at one Missouri business loan, provided by a Missouri bank, that was approved by the SBA.

This company, based in Fisk, Missouri, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from First Midwest Bank - Poplar Bluf. We've got the inside scoop on this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: METAL STAMPING
FISK, MO 63901

SBA Loan Lender

FIRST MIDWEST BANK - POPLAR BLUF
704 N WESTWOOD BLVD
POPLAR BLUFF, MO 63901

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

332116 - Metal Stamping

Loan Approval Date

2/4/2003

Loan Approval Gross Amount

$500,000

Loan Approval from the SBA

Of the total $500,000 loan amount, the SBA guaranteed $375,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 17 employees. The SBA loan documents did not indicate that the small business promised to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are raising money in Fisk MO, you ought to talk with a local Fisk SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Fisk businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Obtaining Funding - Getting Venture Capital

Who Lends Money to Small Businesses in Poplar Bluff, Missouri

Where to Get an SBA Loan Missouri