Lampe, Missouri Business Gets SBA-Guaranteed Funding from Great Southern Bank
Great Southern Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a Missouri entrepreneur was able to get a loan to take a small business to the next level.
Getting a small business loan in Lampe, Missouri was an essential business goal for this firm back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Great Southern Bank, operating out of Reeds Spring, Missouri. Here are the details on this Missouri small business loan.
SBA Loan Borrower
COMPANY TYPE: MANUFACTURING INDUSTRIES
LAMPE, MO 65681
SBA Loan Lender
GREAT SOUTHERN BANK
14309 HWY 13
REEDS SPRING, MO 65737
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3999 - Manufacturing Industries
Loan Approval Date
3/15/2000
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $80,000.
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 6 employees. The loan application did not indicate that the company promised to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Great Southern Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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 - How to Decide How Much to Raise
SBA Banks in Reeds Spring, Missouri
Getting an SBA Loan in Missouri