Missouri SBA Loan Issued to Scenic And Sightseeing Transportation, Water Company
Would a Missouri SBA loan help your business get to the next level? If so, you may want to talk with this Missouri bank, which offers SBA loans to Missouri entrepreneurs.
Getting a small business loan in Osage Beach, Missouri was a top priority for this particular business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Central Bank - Lake - Ozarks. Here are the details on this Missouri small business loan.
SBA Loan Borrower
COMPANY TYPE: SCENIC AND SIGHTSEEING TRANSPORTATION, WATER
OSAGE BEACH, MO 65065
SBA Loan Lender
CENTRAL BANK - LAKE - OZARKS
3848 HWY 54
OSAGE BEACH, MO 65065
This lender issued this bank loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program began 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
487210 - Scenic and Sightseeing Transportation, Water
Loan Approval Date
3/28/2007
Loan Approval Gross Amount
$567,000
Loan Approval from the SBA
Of the total $567,000 loan amount, the SBA guaranteed $425,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Central Bank - Lake - Ozarks had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Central Bank - Lake - Ozarks made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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:
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Small Business Banks in Osage Beach, Missouri
SBA Missouri Lenders