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November 14, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Osage Beach, Business Loans > First Bank Of The Lake Osage Beach Business Loans > Beauty Shops Loan | ||||
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Missouri Bank SBA Loans
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First Bank Of The Lake SBA Loan to Beauty Shops CompanyWant a Missouri business loan? Here's one Missouri business loan that was approved by the SBA. This growing firm needed an SBA business loan in Osage Beach, Missouri back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from First Bank Of The Lake, operating out of Osage Beach, Missouri. Here are the details on this Missouri small business loan. SBA Loan Borrower COMPANY TYPE: BEAUTY SHOPS SBA Loan Lender FIRST BANK OF THE LAKE This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7231 - Beauty Shops Loan Approval Date 3/23/2000 Loan Approval Gross Amount $53,000 Loan Approval from the SBA Of the total $53,000 loan amount, the SBA guaranteed $42,400. 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 8 employees. The loan application did not indicate that the company promised to use the money to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. We can help you find the best banks for small businesses in Osage Beach 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: Best Banks in Osage Beach, Missouri Where to Get an SBA Loan Missouri
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