Loan Census Banking News and Information
November 21, 2024  
 
 
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SBA Lender Carthage

 

 
Loan Census SBA Loan Info

Carthage, Missouri Bank Gives SBA Loan to Wood Products Company

Get SBA loans from a Carthage, Missouri bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Hometown Bank is a Carthage, Missouri small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Missouri company.

SBA Loan Borrower

COMPANY TYPE: WOOD PRODUCTS
NEOSHO, MO 64850

SBA Loan Lender

HOMETOWN BANK
312 W CENTRAL
CARTHAGE, MO 64836

This lender issued this business loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2499 - Wood Products

NAICS Code

339999 - Manufacturing

Loan Approval Date

12/12/2000

Loan Approval Gross Amount

$182,000

Loan Approval from the SBA

Of the total $182,000 loan amount, the SBA guaranteed $136,500.

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 14 employees. The SBA loan documents did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

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:

Obtaining Funding - How to Borrow Money

Small Bank Loans in Carthage, Missouri

Where to Get an SBA Loan Missouri