Entrepreneur Works With Camdenton, Missouri Bank to Get an SBA Loan

Want to talk with a Camdenton, Missouri bank about a business loan? Here's one Missouri business loan, issued by a Camdenton bank, that was approved by the SBA.

Applying for an SBA loan with First National Bank worked out well for our friends at one local firm in Lake Ozark, Missouri. They received an SBA loan for $48,000. Way to go!

SBA Loan Borrower

COMPANY TYPE: BUSINESS SERVICES
LAKE OZARK, MO 65049

SBA Loan Lender

FIRST NATIONAL BANK
117 N STATE HWY 5
CAMDENTON, MO 65020

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

7389 - Business Services

NAICS Code

541890 - Services Related to Advertising

Loan Approval Date

12/5/2003

Loan Approval Gross Amount

$48,000

Loan Approval from the SBA

Of the total $48,000 loan amount, the SBA guaranteed $40,800.

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

Next Steps for Getting an SBA Loan

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

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? 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:

Accountant's Role in Securing Financing

SBA 7A Banks in Camdenton, Missouri

SBA Participating Banks in Missouri