Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Hollister, Missouri Bank Loan

 

 
Loan Census SBA Loan Info

Loans for Diagnostic Imaging Centers

Looking for loans for diagnostic imaging centers? An SBA loan may be just what you've been looking for. This $50,000 diagnostic imaging centers loan was issued by a Missouri bank.

Getting a small business loan in Hollister, Missouri was important for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Ozark Mountain Bank, operating out of Branson, Missouri. Here are the details on this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: DIAGNOSTIC IMAGING CENTERS
HOLLISTER, MO 65672

SBA Loan Lender

OZARK MOUNTAIN BANK
400 S BUSINESS 65
BRANSON, MO 65616

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

621512 - Diagnostic Imaging Centers

Loan Approval Date

11/21/2005

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

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 only one employee. The SBA loan application for the borrower did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

There are SBA loan fees that may apply. SBA lenders must pay the SBA a guaranty fee of 1% to 3.5% of guaranteed amount. The SBA will also make the lender pay annual fees amounting to 0.25% of the loan's outstanding balance. The lender is allowed by law to pass these fees to the borrower.

Still, as most small businesses know, these fees are minimal compared to the potential of what capital can do for a business. So, what are you waiting for? Get in touch with an SBA lending bank today!

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:

How to Raise Money

Who Lends Money to Small Businesses in Branson, Missouri

Getting an SBA Loan in Missouri