Where to Get Capital for Holding Companies

Looking for SBA loans for holding companies? The SBA may be the answer. This $80,300 holding companies loan was issued by a Missouri bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Mexico, Missouri was able to borrow $80,300 from Martinsburg Bank And Trust. The SBA made the loan possible by guaranteeing $68,255 of this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: HOLDING COMPANIES
MEXICO, MO 65265

SBA Loan Lender

MARTINSBURG BANK AND TRUST
400 S MULDROW
MEXICO, MO 65265

This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

551112 - Holding Companies

Loan Approval Date

11/26/2002

Loan Approval Gross Amount

$80,300

Loan Approval from the SBA

Of the total $80,300 loan amount, the SBA guaranteed $68,255.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

The Art of Bootstrapping

SBA Approved Banks in Mexico, Missouri

Missouri SBA Banks