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November 14, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Gladstone, Business Loans > Northland National Bank Gladstone Business Loans > Industrial Supplies Wholesalers Loan | ||||
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Missouri SBA 7A Lenders
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Gladstone, Missouri Bank Lends Money to Industrial Supplies Wholesalers Company in Gladstone, MissouriWant to talk with a Gladstone, Missouri bank about an SBA loan? Here's one Missouri business loan, issued by a Gladstone bank, that was approved by the SBA. Applying for an SBA loan with Northland National Bank worked out well for our friends at one local business in Gladstone, Missouri. They got an SBA loan for $81,700. Way to go! SBA Loan Borrower COMPANY TYPE: INDUSTRIAL SUPPLIES WHOLESALERS SBA Loan Lender NORTHLAND NATIONAL BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 421840 - Industrial Supplies Wholesalers Loan Approval Date 9/10/2002 Loan Approval Gross Amount $81,700 Loan Approval from the SBA Of the total $81,700 loan amount, the SBA guaranteed $69,445. More Information on This SBA Loan The borrower borrowed this money for a new 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 2 employees. The loan application did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan 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: Best Gladstone, Missouri Banks for Small Business
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