Supermarkets and Grocery Stores Business Loans
Looking for business loans for supermarkets and grocery stores? The SBA may be the answer. This $65,000 supermarkets and grocery stores loan was issued by a Missouri bank.
This business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Pony Express Bank, out of Braymer, Missouri. The loan was granted and they received $65,000 to help grow their Liberty, Missouri business.
SBA Loan Borrower
COMPANY TYPE: SUPERMARKETS AND GROCERY STORES
LIBERTY, MO 64068
SBA Loan Lender
PONY EXPRESS BANK
213 MAIN ST
BRAYMER, MO 64624
This lender issued this particular SBA small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445110 - Supermarkets and Grocery Stores
Loan Approval Date
9/29/2005
Loan Approval Gross Amount
$65,000
Loan Approval from the SBA
Of the total $65,000 loan amount, the SBA guaranteed $55,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 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
Every year, the SBA guarantees over $10 billion for loans just like this one.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Pony Express 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.
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