Water, Sewer, and Pipeline Construction SBA Loans
Looking for SBA loans for water, sewer, and pipeline construction? An SBA loan may be just what you've been looking for. This $150,000 water, sewer, and pipeline construction loan was issued by a Missouri bank.
Getting a small business loan in Linn Creek, Missouri was important for this business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Central Bank - Lake - Ozarks, operating out of Osage Beach, Missouri. Here are the details on this Missouri small business loan.
SBA Loan Borrower
COMPANY TYPE: MANAGEMENT SERVICES
LINN CREEK, MO 65052
SBA Loan Lender
CENTRAL BANK - LAKE - OZARKS
3848 HWY 54
OSAGE BEACH, MO 65065
This was a Low Documentation SBA loan. The SBA created this program to minimize the paperwork associated with borrowing money. The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8741 - Management Services
NAICS Code
234910 - Water, Sewer, and Pipeline Construction
Loan Approval Date
4/4/2001
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
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 8 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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:
How Equity Dilution Works
SBA Participating Banks in Osage Beach, Missouri
Getting an SBA Loan in Missouri