Radio, Television, and Electronics Stores Commercial Loans
Looking for commercial loans for radio, television, and electronics stores? The SBA may be the answer. This $49,500 radio, television, and electronics stores loan was issued by a Missouri bank.
This small business knew how to go about getting a business bank loan. Based in Joplin, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Southwest Missouri Bank, based in Carthage, Missouri.
SBA Loan Borrower
COMPANY TYPE: RADIO, TV, AND CONSUMER ELECTRONICS RETAILING
JOPLIN, MO 64801
SBA Loan Lender
SOUTHWEST MISSOURI BANK
300 W 3RD ST
CARTHAGE, MO 64836
This lender processed this SBA small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
SIC Code
5731 - Radio, TV, and Consumer Electronics Retailing
NAICS Code
443112 - Radio, Television, and Electronics Stores
Loan Approval Date
3/18/2005
Loan Approval Gross Amount
$49,500
Loan Approval from the SBA
Of the total $49,500 loan amount, the SBA guaranteed $24,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 2 employees. The SBA loan documents indicated that the funding would help create 2 new jobs.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Southwest 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:
Investor Turnoffs
SBA Banks in Carthage, Missouri
Getting an SBA Loan in Missouri