Ladue, Missouri Entrepreneur Gets a Bank Loan

MissouriSBA loans are available to Missouri entrepreneurs through the SBA. In this case, a Missouri bank provides the loan.

Getting a small business loan in Ladue, Missouri was a top priority for this particular business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Pulaski Bank. Here are the details on this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: MOTOR VEHICLE TOWING
LADUE, MO 63131

SBA Loan Lender

PULASKI BANK
12300 OLIVE BLVD
SAINT LOUIS, MO 63141

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.

NAICS Code

488410 - Motor Vehicle Towing

Loan Approval Date

12/30/2004

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 an existing 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 8 employees. The SBA loan application for the borrower did not indicate that the company promised to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great source of funding.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? 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:

A Company That Helps Entrepreneurs

Banks in Saint Louis, Missouri

Missouri SBA 7A Banks