Optometrists Commercial Loans
Looking for commercial loans for optometrists? Try the SBA. This $129,000 optometrists loan was issued by a Missouri bank.
This small business knew how to go about getting a business bank loan. Based in Marshfield, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Southern Missouri Bank - Marshfi, based in Marshfield, Missouri.
SBA Loan Borrower
COMPANY TYPE: OFFICES AND CLINICS OF OPTOMETRISTS
MARSHFIELD, MO 65706
SBA Loan Lender
SOUTHERN MISSOURI BANK - MARSHFI
1292 BANNING ST
MARSHFIELD, MO 65706
This was a Low Documentation SBA loan. The SBA launched this program to limit the paperwork associated with borrowing money. The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8042 - Offices and Clinics of Optometrists
NAICS Code
621320 - Optometrists
Loan Approval Date
7/17/2001
Loan Approval Gross Amount
$129,000
Loan Approval from the SBA
Of the total $129,000 loan amount, the SBA guaranteed $109,650.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 2 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
We've showcased information on this loan to let you know that businesses like yours 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:
Alternative Financing
Banks in Marshfield, Missouri
Where to Get an SBA Loan Missouri