Peoples Bank Of The Ozarks SBA Loan to Personal Services Company

Peoples Bank Of The Ozarks and the SBA work together to get business loans for growing small businesses. Here's an example of how a Missouri entrepreneur was able to get a loan to take a small business to the next level.

Getting a small business loan in Nixa, Missouri was an essential business goal for this firm back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Peoples Bank Of The Ozarks, operating out of Nixa, Missouri. Here are the details on this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: PERSONAL SERVICES
NIXA, MO 65714

SBA Loan Lender

PEOPLES BANK OF THE OZARKS
305 W MT VERNON
NIXA, MO 65714

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7299 - Personal Services

NAICS Code

812199 - Personal Care Services

Loan Approval Date

9/9/2002

Loan Approval Gross Amount

$57,800

Loan Approval from the SBA

Of the total $57,800 loan amount, the SBA guaranteed $49,130.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your 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 Nixa 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:

SBIR Funding

SBA 7A Banks for Nixa, Missouri Loans

Missouri SBA 7A Lenders