Kansas City, Missouri Business Gets SBA-Guaranteed Funding from Missouri Bank & Trust Co.
Missouri Bank & Trust Co. is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Missouri entrepreneur who tapped into the power of SBA loans.
Getting a small business loan in Kansas City, Missouri was an essential business goal for this company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Missouri Bank & Trust Co., operating out of Kansas City, Missouri. Here are the details on this Missouri small business loan.
SBA Loan Borrower
COMPANY TYPE: GRAPHIC DESIGN SERVICES
KANSAS CITY, MO 64108
SBA Loan Lender
MISSOURI BANK & TRUST CO.
1044 MAIN ST
KANSAS CITY, MO 64105
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
541430 - Graphic Design Services
Loan Approval Date
7/3/2007
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
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 3 employees. The SBA loan application for the borrower indicated that the borrowed money would help create 3 new jobs.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
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:
SBIR Funding
Banks in Kansas City, Missouri
Find an SBA Lender in Missouri