Loan Census Banking News and Information
December 20, 2024  
 
 
  Business Loan Information  
 

Jefferson City, Missouri Bank Loan

 

 
Loan Census SBA Loan Info

Personal Care Services Loans

Looking for loans for personal care services? Try the SBA. This $54,900 personal care services loan was issued by a Missouri bank.

This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with The Central Trust Bank, out of Jefferson City, Missouri. The loan was granted and they received $54,900 to help grow their Jefferson City, Missouri business.

SBA Loan Borrower

COMPANY TYPE: PERSONAL CARE SERVICES
JEFFERSON CITY, MO 65101

SBA Loan Lender

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

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812199 - Personal Care Services

Loan Approval Date

9/10/2003

Loan Approval Gross Amount

$54,900

Loan Approval from the SBA

Of the total $54,900 loan amount, the SBA guaranteed $46,665.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like The Central Trust Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

How Equity Dilution Works

SBA Approved Banks in Jefferson City, Missouri

Missouri SBA 7A Lenders