Small Business Loans for Department Stores
Looking for small business loans for department stores? Talk to a banker who works with the SBA. This $50,000 department stores loan was issued by a Missouri bank.
This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with The Callaway Bank, out of Fulton, Missouri. The loan was granted and they received $50,000 to help grow their Fulton, Missouri business.
SBA Loan Borrower
COMPANY TYPE: DEPARTMENT STORES
FULTON, MO 65251
SBA Loan Lender
THE CALLAWAY BANK
5 EAST 5TH ST
FULTON, MO 65251
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
452111 - Department Stores
Loan Approval Date
4/27/2007
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
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 3 employees. The loan application indicated that the loan would help create 3 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source
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.
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