Louisiana, Missouri Bank Lends Money to Concrete Products Company in Louisiana, Missouri
Get to know Louisiana, Missouri banks that specialize in SBA loans and know how to work with entrepreneurs. Bank Of Louisiana is one such bank, as evidenced by this SBA loan to a growing company.
Finding a small business loan in Louisiana, Missouri starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Bank Of Louisiana. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: CONCRETE PRODUCTS
LOUISIANA, MO 63353
SBA Loan Lender
BANK OF LOUISIANA
101 S THIRD ST
LOUISIANA, MO 63353
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3272 - Concrete Products
NAICS Code
327390 - Concrete Product Manufacturing
Loan Approval Date
3/21/2002
Loan Approval Gross Amount
$300,000
Loan Approval from the SBA
Of the total $300,000 loan amount, the SBA guaranteed $225,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. This SBA loan request did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $300,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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 - Getting Venture Capital
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