Kansas City, Missouri Lender Lends Money to Excavation Contractors Company
A Kansas City, Missouri business loan can be yours. Learn how a company got a $1,580,000 business loan from this Missouri bank.
This loan to a local firm is a good example of an SBA loan. Commerce Bank made the loan and the SBA guaranteed a portion of the loan. Many other Missouri entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
COMPANY TYPE: EXCAVATION CONTRACTORS
JEFFERSON CITY, MO 65109
SBA Loan Lender
COMMERCE BANK
1000 WALNUT ST
KANSAS CITY, MO 64141
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
235930 - Excavation Contractors
Loan Approval Date
6/28/2002
Loan Approval Gross Amount
$1,580,000
Loan Approval from the SBA
Of the total $1,580,000 loan amount, the SBA guaranteed $999,997.
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 30 employees. The SBA loan documents indicated that the loan would help retain 30 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you have been wondering how do i get money to start a business in Jefferson City MO, you ought to talk with a local Jefferson City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Jefferson City businesses.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Commerce Bank and they will explain how you can get an SBA loan for your company.
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:
Getting a Small Business Loan
Good Banks for Small Business in Kansas City, Missouri
SBA Lenders in Missouri