Kansas City, Missouri Lender Lends Money to Detective, Guard, And Armored Car Services Company

Get to know Kansas City, Missouri banks that specialize in SBA loans and know how to work with entrepreneurs. Premier Financial Serv-Tx is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Parkville, Missouri starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Premier Financial Serv-Tx. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: DETECTIVE, GUARD, AND ARMORED CAR SERVICES
PARKVILLE, MO 64152

SBA Loan Lender

PREMIER FINANCIAL SERV-TX
210 W 10TH ST, 6TH FL
KANSAS CITY, MO 64105

This was a Low Documentation SBA loan. The SBA started this program to reduce the paperwork associated with appliying for an SBA loan . The low-doc program is quick, requiring 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

7381 - Detective, Guard, and Armored Car Services

Loan Approval Date

6/5/2000

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $12,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 only one employee. The SBA loan documents did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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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