Personal Services Small Business Loans

Looking for small business loans for personal services? An SBA loan may be just what you've been looking for. This $34,200 personal services loan was issued by a North Carolina bank.

This company knew how to go about getting a business bank loan. Based in Lee's Summit, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Bank Of America, based in Charlotte, North Carolina.

SBA Loan Borrower

COMPANY TYPE: PERSONAL SERVICES
LEE'S SUMMIT, MO 64064

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

812990 - Personal Services

Loan Approval Date

10/13/2000

Loan Approval Gross Amount

$34,200

Loan Approval from the SBA

Of the total $34,200 loan amount, the SBA guaranteed $17,100.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the loan would help generate 5 new jobs and retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a company in Lee's Summit MO, you ought to talk with a local Lee's Summit SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lee's Summit businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Bank Credit Lines

SBA 7A Banks in Charlotte, North Carolina

SBA Lenders in North Carolina