How to Get a Loan for Store Retailers

Looking for business loans for store retailers? Try the SBA. This $63,000 store retailers loan was issued by a Missouri bank.

This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Hawthorn Bank, out of Independence, Missouri. The loan was granted and they received $63,000 to help grow their Independence, Missouri business.

SBA Loan Borrower

COMPANY TYPE: STORE RETAILERS
INDEPENDENCE, MO 64052

SBA Loan Lender

HAWTHORN BANK
220 W WHITE OAK ST
INDEPENDENCE, MO 64050

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453998 - Store Retailers

Loan Approval Date

10/1/2001

Loan Approval Gross Amount

$63,000

Loan Approval from the SBA

Of the total $63,000 loan amount, the SBA guaranteed $53,550.

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 4 employees. This SBA loan request did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

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.

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