Firm Gets a Missouri Small Business Loan
Would a Missouri small business loan help your small business to grow and prosper? If so, you may want to talk with this Kansas bank, which offers SBA loans to Missouri entrepreneurs.
You can learn something about getting a small business loan in Kansas City, Missouri by studying this loan to a local company, made back in 2004. Banks like M&i Marshall & Ilsley Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: PERSONAL CARE SERVICES
KANSAS CITY, MO 64109
SBA Loan Lender
M&I MARSHALL & ILSLEY BANK
11301 NALL AVE
LEAWOOD, KS 66211
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
812199 - Personal Care Services
Loan Approval Date
12/1/2004
Loan Approval Gross Amount
$132,000
Loan Approval from the SBA
Of the total $132,000 loan amount, the SBA guaranteed $66,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 6 existing jobs.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
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.
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