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November 15, 2024  
 
 
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Raising Money in Moberly, Missouri With SBA Loans

 

 
Loan Census SBA Loan Info

Financing for Janitorial Services

With these loans for janitorial services, the SBA guarantees the lender that the loan will be repaid. This janitorial services loan for $10,100 was given to a Missouri entrepreneur in 2003.

This small firm knew how to go about getting a business bank loan. Based in Moberly, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was City Bank & Trust - Moberly, based in Moberly, Missouri.

SBA Loan Borrower

COMPANY TYPE: JANITORIAL SERVICES
MOBERLY, MO 65270

SBA Loan Lender

CITY BANK & TRUST - MOBERLY
500 WEST COATES
MOBERLY, MO 65270

This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

561720 - Janitorial Services

Loan Approval Date

8/4/2003

Loan Approval Gross Amount

$10,100

Loan Approval from the SBA

Of the total $10,100 loan amount, the SBA guaranteed $5,050.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help retain 1 existing job.

Great, But How Can I Get an SBA Loan for My Business?

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

We can help you find the best banks for small businesses in Moberly 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:

Raising Venture Capital

Where to Get an SBA Loan in Moberly, Missouri

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