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November 14, 2024  
 
 
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Osage Beach, Missouri Business Gets SBA-Guaranteed Funding from Royal Banks Of Missouri

An SBA loan from Royal Banks Of Missouri typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Osage Beach, Missouri business owner got a $100,000 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Osage Beach, Missouri was able to borrow $100,000 from Royal Banks Of Missouri. The SBA made the loan possible by guaranteeing $50,000 of this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: FABRICATED STRUCTURAL METAL
OSAGE BEACH, MO 65065

SBA Loan Lender

ROYAL BANKS OF MISSOURI
8021 OLIVE BLVD
UNIVERSITY CITY, MO 63130

The lender provided this SBA bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

SIC Code

3441 - Fabricated Structural Metal

NAICS Code

332312 - Fabricated Structural Metal Manufacturing

Loan Approval Date

11/30/2004

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

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 10 employees. The SBA loan documents indicated that the loan would help generate 10 new jobs and retain 10 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a company in Osage Beach MO, you ought to talk with a local Osage Beach SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Osage Beach businesses.

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:

Direct Public Offerings

SBA Participating Banks in University City, Missouri

SBA Missouri Banks