Jefferson City, Missouri Bank Gives SBA Loan to Lessors Of Nonresidential Buildings Company

Get business loans from a Jefferson City, Missouri bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

The Central Trust Bank is a Jefferson City, Missouri small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Missouri company.

SBA Loan Borrower

COMPANY TYPE: LESSORS OF NONRESIDENTIAL BUILDINGS
HOLTS SUMMIT, MO 65043

SBA Loan Lender

THE CENTRAL TRUST BANK
238 MADISON ST
JEFFERSON CITY, MO 65101

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

531120 - Lessors of Nonresidential Buildings

Loan Approval Date

5/4/2005

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $225,000.

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 38 employees. The SBA loan application for the borrower indicated that the loan would help generate 10 new jobs and retain 28 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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