Union Bank SBA Loan to Sheet Metal Work Company
Want a Missouri small business loan? Here's one Missouri business loan that was approved by the SBA.
This growing firm needed an SBA business loan in Kansas City, Missouri back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Union Bank, operating out of Kansas City, Missouri. Here are the details on this Missouri small business loan.
SBA Loan Borrower
COMPANY TYPE: SHEET METAL WORK
KANSAS CITY, MO 64108
SBA Loan Lender
UNION BANK
9300 BLUE RIDGE BLVD
KANSAS CITY, MO 64138
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3444 - Sheet Metal Work
Loan Approval Date
7/24/2000
Loan Approval Gross Amount
$400,000
Loan Approval from the SBA
Of the total $400,000 loan amount, the SBA guaranteed $300,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 15 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Union Bank and they will explain how you can get an SBA loan for your company.
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:
Business Cash Advances
SBA 7A Lenders in Kansas City, Missouri
Missouri SBA 7A Banks