Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Central Bank - Lake - Ozarks SBA 7A Loans

 

 
Loan Census SBA Loan Info

Specialty Hospitals Loans

Looking for loans for specialty hospitals? The SBA may be the answer. This $112,500 specialty hospitals loan was issued by a Missouri bank.

This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Central Bank - Lake - Ozarks, out of Osage Beach, Missouri. The loan was granted and they received $112,500 to help grow their Osage Beach, Missouri business.

SBA Loan Borrower

COMPANY TYPE: SPECIALTY HOSPITALS
OSAGE BEACH, MO 65020

SBA Loan Lender

CENTRAL BANK - LAKE - OZARKS
3848 HWY 54
OSAGE BEACH, MO 65065

This was a Low Documentation SBA loan. The SBA created this program to reduce the paperwork associated with getting a loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8069 - Specialty Hospitals

NAICS Code

622310 - Specialty Hospitals

Loan Approval Date

11/3/2003

Loan Approval Gross Amount

$112,500

Loan Approval from the SBA

Of the total $112,500 loan amount, the SBA guaranteed $95,625.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The loan application did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $112,500 loan. Remember, feel the fear, and do it anyway.

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:

Borrowing Money from Friends and Family

SBA 7A Banks for Osage Beach, Missouri Loans

SBA Lenders in Missouri