Motor Vehicle Parts Manufacturing Commercial Loans

Looking for commercial loans for motor vehicle parts manufacturing? Talk to a banker who works with the SBA. This $896,300 motor vehicle parts manufacturing loan was issued by a Missouri bank.

This small 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 2007. The lending bank was Exch National Bank - Jefferson City, based in Jefferson City, Missouri.

SBA Loan Borrower

COMPANY TYPE: MOTOR VEHICLE PARTS MANUFACTURING
JEFFERSON CITY, MO 65109

SBA Loan Lender

EXCH NATIONAL BANK - JEFFERSON CITY
132 E HIGH 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

336399 - Motor Vehicle Parts Manufacturing

Loan Approval Date

7/23/2007

Loan Approval Gross Amount

$896,300

Loan Approval from the SBA

Of the total $896,300 loan amount, the SBA guaranteed $672,225.

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 6 employees. The SBA loan documents indicated that the loan would help generate 8 new jobs and retain 6 existing jobs.

Next Steps for Getting an SBA Loan

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

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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