Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

How Do We Get a Business Loan in O'Fallon, Missouri?

 

 
Loan Census SBA Loan Info

Packaging and Labeling Services SBA Loans

Looking for SBA loans for packaging and labeling services? Talk to a banker who works with the SBA. This $150,000 packaging and labeling services loan was issued by a Missouri bank.

This small business knew how to go about getting a business bank loan. Based in O'Fallon, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was The Business Bank Of St. Louis, based in Clayton, Missouri.

SBA Loan Borrower

COMPANY TYPE: PACKAGING AND LABELING SERVICES
O'FALLON, MO 63366

SBA Loan Lender

THE BUSINESS BANK OF ST. LOUIS
8000 MARYLAND AVE
CLAYTON, MO 63105

This lender issued this loan for a small business under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program was started 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.

NAICS Code

561910 - Packaging and Labeling Services

Loan Approval Date

2/2/2007

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 3 employees. The SBA loan documents did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

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

We can help you find the best banks for small businesses in O'Fallon 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:

A Company That Helps Entrepreneurs

SBA Approved Banks in Clayton, Missouri

SBA Participating Banks in Missouri