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December 19, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Hannibal, Business Loans > F&m Bank And Trust Company Hannibal Business Loans > Quick Printing Loan | ||||
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F&m Bank And Trust Company Business Loans
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Borrowing Money for Quick PrintingWith these loans for quick printing, the SBA guarantees the lender that the loan will be repaid. This quick printing loan for $155,000 was given to a Missouri entrepreneur in 2004. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Hannibal, Missouri was able to borrow $155,000 from F&m Bank And Trust Company. The SBA made the loan possible by guaranteeing $116,250 of this Missouri small business loan. SBA Loan Borrower COMPANY TYPE: QUICK PRINTING SBA Loan Lender F&M BANK AND TRUST COMPANY This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 323114 - Quick Printing Loan Approval Date 3/31/2004 Loan Approval Gross Amount $155,000 Loan Approval from the SBA Of the total $155,000 loan amount, the SBA guaranteed $116,250. 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 5 employees. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like F&m Bank And Trust Company that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Banking Deregulation's Effects on Entrepreneurship SBA 7A Banks in Hannibal, Missouri SBA Participating Banks in Missouri
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