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November 21, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Mansfield, Business Loans > Bank Of Mansfield Mansfield Business Loans > Structural Metal Work Loan | ||||
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Missouri SBA Banks
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Mansfield, Missouri Bank Lends Money to Structural Metal Work Company in Norwood, MissouriFind Mansfield, Missouri banks that specialize in small business loans and know how to work with entrepreneurs. Bank Of Mansfield is one such bank, as evidenced by this SBA loan to one business. Finding a small business loan in Norwood, Missouri starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Bank Of Mansfield. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: STRUCTURAL METAL WORK SBA Loan Lender BANK OF MANSFIELD This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3449 - Structural Metal Work NAICS Code 332321 - Metal Window and Door Manufacturing Loan Approval Date 7/21/2003 Loan Approval Gross Amount $30,400 Loan Approval from the SBA Of the total $30,400 loan amount, the SBA guaranteed $25,840. 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 only one employee. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bank Of Mansfield are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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: Obtaining Funding - Getting Venture Capital Best Mansfield, Missouri Banks for Small Business
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