Financing for Car Washes

Looking for loans for car washes? Talk to a banker who works with the SBA. This $483,100 car washes loan was issued by a Missouri bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Holden, Missouri was able to borrow $483,100 from Commerce Bank. The SBA made the loan possible by guaranteeing $362,325 of this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: CAR WASHES
HOLDEN, MO 64040

SBA Loan Lender

COMMERCE BANK
1000 WALNUT ST
KANSAS CITY, MO 64141

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811192 - Car Washes

Loan Approval Date

1/8/2007

Loan Approval Gross Amount

$483,100

Loan Approval from the SBA

Of the total $483,100 loan amount, the SBA guaranteed $362,325.

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 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are working on finding money to start a business in Holden MO, you ought to talk with a local Holden SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Holden businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Commerce Bank 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.

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