Getting an SBA Loan for Direct Insurance Carriers

Looking for SBA loans for direct insurance carriers? The SBA may be the answer. This $405,000 direct insurance carriers loan was issued by a Missouri bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Gardner, Kansas was able to borrow $405,000 from Missouri Bank & Trust Co.. The SBA made the loan possible by guaranteeing $303,750 of this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: INSURANCE CARRIERS
GARDNER, KS 66030

SBA Loan Lender

MISSOURI BANK & TRUST CO.
1044 MAIN ST
KANSAS CITY, MO 64105

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

6399 - Insurance Carriers

NAICS Code

524128 - Direct Insurance Carriers

Loan Approval Date

10/7/2004

Loan Approval Gross Amount

$405,000

Loan Approval from the SBA

Of the total $405,000 loan amount, the SBA guaranteed $303,750.

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 5 employees. The loan application did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Missouri Bank & Trust Co. so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Alternative Financing

SBA Banks in Kansas City, Missouri

Missouri SBA Bank Lenders