Kimberling City, Missouri Business Gets SBA-Guaranteed Funding from Metropolitan National Bank

Metropolitan National Bank has a track record as a leading provider of SBA loans. Find out how this Missouri entrepreneur received an SBA loan from them.

This growing company received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Metropolitan National Bank, out of Springfield, Missouri. The loan was granted and they received $150,000 to help grow their Kimberling City, Missouri business.

SBA Loan Borrower

COMPANY TYPE: EXCAVATION WORK
KIMBERLING CITY, MO 65686

SBA Loan Lender

METROPOLITAN NATIONAL BANK
600 S GLENSTONE
SPRINGFIELD, MO 65802

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1794 - Excavation Work

NAICS Code

238990 - Specialty Trade Contractors

Loan Approval Date

2/25/2004

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 2 employees. This SBA loan request did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need money to start business in Kimberling City MO, you ought to talk with a local Kimberling City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Kimberling City businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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SBA Participating Banks in Springfield, Missouri

Missouri SBA Banks