Entrepreneur Works With Osceola, Missouri Bank to Get an SBA Loan

Thinking about meeting with an Osceola, Missouri bank about an SBA loan? Here's one Missouri business loan, issued by an Osceola bank, that was approved by the SBA.

Applying for an SBA loan with St. Clair County State Bank worked out well for our friends at one local company in Osceola, Missouri. The business was able to get an SBA loan for $26,900. Great job!

SBA Loan Borrower

COMPANY TYPE: GASOLINE SERVICE STATIONS
OSCEOLA, MO 64776

SBA Loan Lender

ST. CLAIR COUNTY STATE BANK
680 SECOND ST
OSCEOLA, MO 64776

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5541 - Gasoline Service Stations

NAICS Code

447190 - Gasoline Stations

Loan Approval Date

8/13/2004

Loan Approval Gross Amount

$26,900

Loan Approval from the SBA

Of the total $26,900 loan amount, the SBA guaranteed $22,865.

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 9 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $26,900 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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.

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