Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Get an SBA Loan from Bank Of Kirksville

 

 
Loan Census SBA Loan Info

Business Loan from Bank Of Kirksville Given to Auto And Home Supply Stores Company

Bank Of Kirksville 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 2003. They applied for an SBA loan with Bank Of Kirksville, out of Kirksville, Missouri. The loan was granted and they received $420,000 to help grow their Kirksville, Missouri business.

SBA Loan Borrower

COMPANY TYPE: AUTO AND HOME SUPPLY STORES
KIRKSVILLE, MO 63501

SBA Loan Lender

BANK OF KIRKSVILLE
214 S FRANKLIN ST
KIRKSVILLE, MO 63501

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5531 - Auto and Home Supply Stores

NAICS Code

441320 - Tire Dealers

Loan Approval Date

10/17/2003

Loan Approval Gross Amount

$420,000

Loan Approval from the SBA

Of the total $420,000 loan amount, the SBA guaranteed $315,000.

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 3 employees. The loan application did not indicate that the business planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Obtaining Funding From a Venture Capitalist

Banks in Kirksville, Missouri

SBA Lenders in Missouri