SBA Loan from Missouri Bank & Trust Co. Helps Motorcycles, Bicycles, And Parts Company

An SBA loan from Missouri Bank & Trust Co. typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Kansas City, Kansas business owner got a $75,000 loan.

This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Missouri Bank & Trust Co., out of Kansas City, Missouri. The loan was granted and they received $75,000 to help grow their Kansas City, Kansas business.

SBA Loan Borrower

COMPANY TYPE: MOTORCYCLES, BICYCLES, AND PARTS
KANSAS CITY, KS 66103

SBA Loan Lender

MISSOURI BANK & TRUST CO.
1044 MAIN ST
KANSAS CITY, MO 64105

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide small business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3751 - Motorcycles, Bicycles, and Parts

NAICS Code

336991 - Motorcycle, Bicycle, and Parts Manufacturing

Loan Approval Date

8/31/2004

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

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 3 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My 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.

We can help you find the best banks for small businesses in Kansas City or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

The Art of Bootstrapping

Small Bank Loans in Kansas City, Missouri

Missouri SBA 7A Lenders