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November 15, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Harrisonville, Business Loans > Allen Bank And Trust Company Harrisonville Business Loans > Physicians Loan | ||||
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Allen Bank And Trust Company SBA Loan
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Allen Bank And Trust Company SBA Loan to Physicians CompanyAllen Bank And Trust Company is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Missouri entrepreneur who tapped into the power of SBA loans. This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Allen Bank And Trust Company, out of Harrisonville, Missouri. The loan was granted and they received $150,000 to help grow their Harrisonville, Missouri business. SBA Loan Borrower COMPANY TYPE: PHYSICIANS SBA Loan Lender ALLEN BANK AND TRUST COMPANY This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 621111 - Physicians Loan Approval Date 2/28/2001 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $75,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 30 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 30 existing jobs. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Allen Bank And Trust Company are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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: Who Lends Money to Small Businesses in Harrisonville, Missouri Browse All Business Loan Sources for Missouri
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