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

We Needed an SBA Loan in Jefferson City, Missouri and We Got One!

 

 
Loan Census SBA Loan Info

Where to Get Capital for Optometrists

With these SBA loans for optometrists, the SBA guarantees the lender that the loan will be repaid. This optometrists loan for $45,000 was given to a Missouri entrepreneur in 2003.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Jefferson City, Missouri was able to borrow $45,000 from The Central Trust Bank. The SBA made the loan possible by guaranteeing $22,500 of this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: OPTOMETRISTS
JEFFERSON CITY, MO 65101

SBA Loan Lender

THE CENTRAL TRUST BANK
238 MADISON ST
JEFFERSON CITY, MO 65101

The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

621320 - Optometrists

Loan Approval Date

12/15/2003

Loan Approval Gross Amount

$45,000

Loan Approval from the SBA

Of the total $45,000 loan amount, the SBA guaranteed $22,500.

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 SBA loan documents indicated that the loan would help generate 1 new job and retain 6 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for 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 The Central Trust 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:

Angel Investors

Best Banks in Jefferson City, Missouri

Getting an SBA Loan in Missouri