Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Missouri Small Business Funding

 

 
Loan Census SBA Loan Info

Crushed and Broken Limestone Mining Small Business Loans

Looking for small business loans for crushed and broken limestone mining? Talk to a banker who works with the SBA. This $174,200 crushed and broken limestone mining loan was issued by a Missouri bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Lockwood, Missouri was able to borrow $174,200 from Liberty Bank. The SBA made the loan possible by guaranteeing $130,650 of this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: CRUSHED AND BROKEN LIMESTONE MINING
Lockwood, MO 65682

SBA Loan Lender

LIBERTY BANK
1414 E PRIMROSE
SPRINGFIELD, MO 65804

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

212312 - Crushed and Broken Limestone Mining

Loan Approval Date

1/11/2008

Loan Approval Gross Amount

$174,200

Loan Approval from the SBA

Of the total $174,200 loan amount, the SBA guaranteed $130,650.

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 7 employees. The SBA loan documents indicated that the loan would help retain 7 existing jobs.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

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 $174,200 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:

Find Start-Up Capital

Small Business Banks in Springfield, Missouri

Getting an SBA Loan in Missouri