Liberty Bank SBA Loan to Services Company
Looking to get a Missouri business loan? Here's one Missouri business loan that was approved by the SBA.
This small business needed an SBA business loan in Lockwood, Missouri back in 2005 and, after submitting their loan application, they were successful in getting an SBA loan from Liberty Bank, operating out of Springfield, Missouri. Here are the details on this Missouri small business loan.
SBA Loan Borrower
COMPANY TYPE: SERVICES
LOCKWOOD, MO 65682
SBA Loan Lender
LIBERTY BANK
1414 E PRIMROSE
SPRINGFIELD, MO 65804
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide commercial loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8999 - Services
NAICS Code
518111 -
Loan Approval Date
6/6/2005
Loan Approval Gross Amount
$87,000
Loan Approval from the SBA
Of the total $87,000 loan amount, the SBA guaranteed $65,250.
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 4 employees. The SBA loan documents did not indicate that the business planned to use the money to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
We can help you find the best banks for small businesses in Lockwood 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:
Alternative Financing
Best Springfield, Missouri Banks for Small Business
Missouri SBA 7A Lenders