Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Missouri Small Business Funding

 

 
Loan Census SBA Loan Info

Business Loans for Livestock Wholesalers

Looking for business loans for livestock wholesalers? Talk to a banker who works with the SBA. This $400,000 livestock wholesalers loan was issued by a Missouri bank.

This business knew how to go about getting a business bank loan. Based in Jefferson City, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Commerce Bank, based in Columbia, Missouri.

SBA Loan Borrower

COMPANY TYPE: LIVESTOCK WHOLESALERS
JEFFERSON CITY, MO 65101

SBA Loan Lender

COMMERCE BANK
2000 BERNADETTE DR
COLUMBIA, MO 65203

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide debt financing to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

422520 - Livestock Wholesalers

Loan Approval Date

11/6/2002

Loan Approval Gross Amount

$400,000

Loan Approval from the SBA

Of the total $400,000 loan amount, the SBA guaranteed $360,000.

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 2 employees. The loan application did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We can help you find the best banks for small businesses in Jefferson City or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Startup Funding Tip

Who Lends Money to Small Businesses in Columbia, Missouri

Missouri SBA 7A Banks