Jefferson City, Missouri Bank Gives SBA Loan to Snack And Nonalcoholic Beverage Bars Company

Want to talk with a Jefferson City, Missouri bank about an SBA loan? Here's one Missouri business loan, issued by a Jefferson City bank, that was approved by the SBA.

Applying for an SBA loan with Jefferson Bank Of Missouri worked out well for our friends at one local firm in Jefferson City, Missouri. The business was able to get an SBA loan for $155,600. Nice!

SBA Loan Borrower

COMPANY TYPE: SNACK AND NONALCOHOLIC BEVERAGE BARS
JEFFERSON CITY, MO 65109

SBA Loan Lender

JEFFERSON BANK OF MISSOURI
700 SOUTHWEST BLVD
JEFFERSON CITY, MO 65109

This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

12/6/2004

Loan Approval Gross Amount

$155,600

Loan Approval from the SBA

Of the total $155,600 loan amount, the SBA guaranteed $116,700.

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 1 new job and retain 6 existing jobs.

Next Steps for Getting an SBA Loan

Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Jefferson Bank Of Missouri had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Jefferson Bank Of Missouri made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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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