SBA Loan from The Central Trust Bank Helps Poultry And Poultry Product Wholesalers Company

The Central Trust Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a Missouri entrepreneur was able to get a loan to take a small business to the next level.

Getting a small business loan in Holts Summit, Missouri was an essential business goal for this company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from The Central Trust Bank, operating out of Jefferson City, Missouri. Here are the details on this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: POULTRY AND POULTRY PRODUCT WHOLESALERS
HOLTS SUMMIT, MO 65043

SBA Loan Lender

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

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

422440 - Poultry and Poultry Product Wholesalers

Loan Approval Date

1/14/2003

Loan Approval Gross Amount

$135,000

Loan Approval from the SBA

Of the total $135,000 loan amount, the SBA guaranteed $114,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 5 existing jobs.

Next Steps for Getting an SBA Loan

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

Best Banks for Small Business in Jefferson City, Missouri

Getting an SBA Loan in Missouri

MO Business Loan from The Central Trust Bank

SBA Loan from The Central Trust Bank Helps Poultry And Poultry Product Wholesalers Company