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November 15, 2024  
 
 
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Loan Census SBA Loan Info

Lee's Summit, Missouri Lender Lends Money to Physical, Occupational And Speech Therapists, And Audiologists Company

Find Lee's Summit, Missouri banks that specialize in SBA loans and know how to work with entrepreneurs. First National Bank - Missouri is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Grain Valley, Missouri starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from First National Bank - Missouri. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: PHYSICAL, OCCUPATIONAL AND SPEECH THERAPISTS, AND AUDIOLOGISTS
GRAIN VALLEY, MO 64029

SBA Loan Lender

FIRST NATIONAL BANK - MISSOURI
609 N M-291 HWY
LEE'S SUMMIT, MO 64086

The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

621340 - Physical, Occupational and Speech Therapists, and Audiologists

Loan Approval Date

4/13/2007

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 an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 18 employees. The SBA loan application for the borrower indicated that the loan would help generate 7 new jobs and retain 25 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from First National Bank - Missouri 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:

Role of Business Plan When Raising Money

Small Business Banks in Lee's Summit, Missouri

SBA Missouri Lenders