Perryville, Missouri Lender Lends Money to Freestanding Ambulatory Surgical And Emergency Centers Company

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

Applying for an SBA loan with Eagle Bank & Trust - Missouri worked out well for our friends at one local business in Perryville, Missouri. The business was able to get an SBA loan for $150,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: FREESTANDING AMBULATORY SURGICAL AND EMERGENCY CENTERS
PERRYVILLE, MO 63775

SBA Loan Lender

EAGLE BANK & TRUST - MISSOURI
14 N JACKSON ST
PERRYVILLE, MO 63775

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621493 - Freestanding Ambulatory Surgical and Emergency Centers

Loan Approval Date

2/8/2005

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 6 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.

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

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

While you may be able to borrow money from friends and family, 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.

Related Links:

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