Business Loans for Direct Title Insurance Carriers

Looking for business loans for direct title insurance carriers? An SBA loan may be just what you've been looking for. This $50,000 direct title insurance carriers loan was issued by a Missouri bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Licking, Missouri was able to borrow $50,000 from Town & Country Bank. The SBA made the loan possible by guaranteeing $42,500 of this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: TITLE INSURANCE
LICKING, MO 65542

SBA Loan Lender

TOWN & COUNTRY BANK
1009 HWY 32 EAST
SALEM, MO 65560

This was a Low Documentation SBA loan. The SBA created this program to minimize the paperwork associated with borrowing money. The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

6361 - Title Insurance

NAICS Code

524127 - Direct Title Insurance Carriers

Loan Approval Date

4/4/2001

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

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 2 employees. The SBA loan documents did not indicate that the small business promised to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

We can help you find the best banks for small businesses in Licking 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:

Obtaining Funding - How to Borrow Money

SBA 7A Lenders in Salem, Missouri

Missouri SBA 7A Banks