Jefferson Bank Of Missouri SBA Loan to Child Day Care Services Company

An SBA loan from Jefferson Bank Of Missouri typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Jefferson City, Missouri business owner got a $131,500 loan.

This small firm knew how to go about getting a business bank loan. Based in Jefferson City, Missouri, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Jefferson Bank Of Missouri, based in Jefferson City, Missouri.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
JEFFERSON CITY, MO 65101

SBA Loan Lender

JEFFERSON BANK OF MISSOURI
700 SOUTHWEST BLVD
JEFFERSON CITY, MO 65109

This was a Low Documentation SBA loan. The SBA launched this program to minimize the paperwork associated with borrowing money. The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8351 - Child Day Care Services

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

6/5/2000

Loan Approval Gross Amount

$131,500

Loan Approval from the SBA

Of the total $131,500 loan amount, the SBA guaranteed $98,625.

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 7 employees. The loan application did not indicate that the company promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $131,500 loan. Remember, feel the fear, and do it anyway.

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:

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SBA Banks in Jefferson City, Missouri

Getting a Business Loan in Missouri