SBA Loan from Southwest Missouri Bank Helps Wood Partitions And Fixtures Company

An SBA loan from Southwest Missouri Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Joplin, Missouri business owner got a $90,000 loan.

This business knew how to go about getting a business bank loan. Based in Joplin, Missouri, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Southwest Missouri Bank, based in Carthage, Missouri.

SBA Loan Borrower

COMPANY TYPE: WOOD PARTITIONS AND FIXTURES
JOPLIN, MO 64801

SBA Loan Lender

SOUTHWEST MISSOURI BANK
300 W 3RD ST
CARTHAGE, MO 64836

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide small business loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2541 - Wood Partitions and Fixtures

NAICS Code

337212 - Custom Architectural Woodwork and Millwork Manufacturing

Loan Approval Date

12/23/2003

Loan Approval Gross Amount

$90,000

Loan Approval from the SBA

Of the total $90,000 loan amount, the SBA guaranteed $76,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 5 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $90,000 loan. Remember, fight for what you want, and it will be yours!

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:

A Company That Helps Entrepreneurs

Find an SBA Lender in Carthage, Missouri

Missouri SBA 7A Lenders