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November 21, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Kansas City, Business Loans > Commerce Bank Kansas City Business Loans > Structural Steel Erection Loan | ||||
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How Hard Is It to Get a Small Business Loan in Lawson, Missouri?
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Commercial Loans for Structural Steel Erection ContractorsWith these commercial loans for structural steel erection contractors, the SBA guarantees the lender that the loan will be repaid. This structural steel erection contractors loan for $50,000 was given to a Missouri entrepreneur in 2000. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Lawson, Missouri was able to borrow $50,000 from Commerce Bank. The SBA made the loan possible by guaranteeing $25,000 of this Missouri small business loan. SBA Loan Borrower COMPANY TYPE: STRUCTURAL STEEL ERECTION SBA Loan Lender COMMERCE BANK This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. SIC Code 1791 - Structural Steel Erection NAICS Code 235910 - Structural Steel Erection Contractors Loan Approval Date 6/26/2000 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 21 employees. The SBA loan application for the borrower indicated that the loan would help generate 10 new jobs and retain 31 existing jobs. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. We can help you find the best banks for small businesses in Lawson or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Who Lends Money to Small Businesses in Kansas City, Missouri
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