Financing for Drinking Places
Looking for commercial loans for drinking places? Talk to a banker who works with the SBA. This $79,100 drinking places loan was issued by a Missouri bank.
This small business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Mid-Missouri Bank, out of Springfield, Missouri. The loan was granted and they received $79,100 to help grow their Joplin, Missouri business.
SBA Loan Borrower
COMPANY TYPE: DRINKING PLACES
JOPLIN, MO 64801
SBA Loan Lender
MID-MISSOURI BANK
330 W PLAINVIEW, STE K
SPRINGFIELD, MO 65810
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide commercial loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722410 - Drinking Places
Loan Approval Date
8/18/2006
Loan Approval Gross Amount
$79,100
Loan Approval from the SBA
Of the total $79,100 loan amount, the SBA guaranteed $67,235.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 2 employees. The loan application did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great source of funding.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Mid-Missouri Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Understanding Dilution
SBA 7A Banks for Springfield, Missouri Loans
Missouri SBA 7A Lenders