Loans for Irradiation Apparatus Manufacturing
With these loans for irradiation apparatus manufacturing, the SBA guarantees the lender that the loan will be repaid. This irradiation apparatus manufacturing loan for $700,000 was given to a Missouri entrepreneur in 2005.
This company knew how to go about getting a business bank loan. Based in Nixa, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Liberty Bank, based in Springfield, Missouri.
SBA Loan Borrower
COMPANY TYPE: IRRADIATION APPARATUS MANUFACTURING
NIXA, MO 65714
SBA Loan Lender
LIBERTY BANK
1414 E PRIMROSE
SPRINGFIELD, MO 65804
This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
334517 - Irradiation Apparatus Manufacturing
Loan Approval Date
9/26/2005
Loan Approval Gross Amount
$700,000
Loan Approval from the SBA
Of the total $700,000 loan amount, the SBA guaranteed $525,000.
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 5 employees. The loan application did not indicate that the small business planned to use the funding to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Liberty Bank and they will explain how you can get an SBA loan for your company.
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 VC Money for Social Networking Companies
Small Bank Loans in Springfield, Missouri
Getting an SBA Loan in Missouri