Business Loan from Mid-Missouri Bank Given to Sporting And Athletic Goods Manufacturing Company
Mid-Missouri 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 Lebanon, Missouri was an essential business goal for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Mid-Missouri Bank, operating out of Springfield, Missouri. Here are the details on this Missouri small business loan.
SBA Loan Borrower
COMPANY TYPE: SPORTING AND ATHLETIC GOODS MANUFACTURING
LEBANON, MO 65536
SBA Loan Lender
MID-MISSOURI BANK
330 W PLAINVIEW, STE K
SPRINGFIELD, MO 65810
This lender processed this SBA bank 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.
NAICS Code
339920 - Sporting and Athletic Goods Manufacturing
Loan Approval Date
5/20/2005
Loan Approval Gross Amount
$15,000
Loan Approval from the SBA
Of the total $15,000 loan amount, the SBA guaranteed $7,500.
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 only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
This SBA loan was for $15,000. How would you spend $15,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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.
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