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December 22, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Kansas City, Business Loans > Commerce Bank Kansas City Business Loans > Natural Gas Distribution Loan | ||||
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SBA 7A Banks for Hermann, Missouri Businesses
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Commercial Loans for Natural Gas DistributionLooking for commercial loans for natural gas distribution? An SBA loan may be just what you've been looking for. This $275,000 natural gas distribution loan was issued by a Missouri bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Hermann, Missouri was able to borrow $275,000 from Commerce Bank. The SBA made the loan possible by guaranteeing $137,500 of this Missouri small business loan. SBA Loan Borrower COMPANY TYPE: NATURAL GAS DISTRIBUTION SBA Loan Lender COMMERCE BANK This lender processed this debt financing under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 221210 - Natural Gas Distribution Loan Approval Date 10/27/2006 Loan Approval Gross Amount $275,000 Loan Approval from the SBA Of the total $275,000 loan amount, the SBA guaranteed $137,500. 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 SBA loan documents indicated that the loan would help generate 3 new jobs and retain 5 existing jobs. Start the Process for Getting an SBA Loan Today! If you need money to start a business or need money to grow a business, an SBA loan can be a great source of funding. 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: Determining Proper Capital Structure for a Business Who Lends Money to Small Businesses in Kansas City, Missouri Getting an SBA Loan in Missouri
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