Where to Get Capital for Industrial Building Construction

Looking for SBA loans for industrial building construction? An SBA loan may be just what you've been looking for. This $445,500 industrial building construction loan was issued by a Missouri bank.

This small business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Old Missouri National Bank, out of Springfield, Missouri. The loan was granted and they received $445,500 to help grow their Nixa, Missouri business.

SBA Loan Borrower

COMPANY TYPE: INDUSTRIAL BUILDING CONSTRUCTION
NIXA, MO 65714

SBA Loan Lender

OLD MISSOURI NATIONAL BANK
3570 S NATIONAL
SPRINGFIELD, MO 65807

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

236210 - Industrial Building Construction

Loan Approval Date

9/18/2006

Loan Approval Gross Amount

$445,500

Loan Approval from the SBA

Of the total $445,500 loan amount, the SBA guaranteed $334,125.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 47 employees. The SBA loan application for the borrower did not indicate that the business promised to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Old Missouri National Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Debt Financing

Where to Get an SBA Loan in Springfield, Missouri

Missouri SBA 7A Banks