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