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November 14, 2024  
 
 
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How to Get SBA Loans in Mexico, Missouri

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Physicians

Looking for small business loans for physicians? Talk to a banker who works with the SBA. This $586,800 physicians loan was issued by a Missouri bank.

This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with The Bank Of Missouri, out of Perryville, Missouri. The loan was granted and they received $586,800 to help grow their Mexico, Missouri business.

SBA Loan Borrower

COMPANY TYPE: PHYSICIANS
Mexico, MO 65265

SBA Loan Lender

THE BANK OF MISSOURI
18 W STE MARIES ST
PERRYVILLE, MO 63775

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621111 - Physicians

Loan Approval Date

10/12/2006

Loan Approval Gross Amount

$586,800

Loan Approval from the SBA

Of the total $586,800 loan amount, the SBA guaranteed $440,100.

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. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

Getting an SBA Loan For Your Business

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.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

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Good Banks for Small Business in Perryville, Missouri

Where to Get an SBA Loan Missouri