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December 22, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Perryville, Business Loans > The Bank Of Missouri Perryville Business Loans > Home Health Care Services Loan | ||||
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Small Business Loans from The Bank Of Missouri
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Perryville, Missouri Business Gets SBA-Guaranteed Funding from The Bank Of MissouriAn SBA loan from The Bank Of Missouri typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Perryville, Missouri business owner got a $527,300 loan. This growing company knew how to go about getting a business bank loan. Based in Perryville, Missouri, they applied for and received an SBA-guaranteed loan in 2005. The lending bank was The Bank Of Missouri, based in Perryville, Missouri. SBA Loan Borrower COMPANY TYPE: HOME HEALTH CARE SERVICES SBA Loan Lender THE BANK OF MISSOURI This lender issued this loan under the 7A SBA 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 621610 - Home Health Care Services Loan Approval Date 6/15/2005 Loan Approval Gross Amount $527,300 Loan Approval from the SBA Of the total $527,300 loan amount, the SBA guaranteed $395,475. 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 5 employees. This SBA loan request did not indicate that the business promised to use the money to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. We've showcased information on this loan to let you know that businesses like yours 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: Obtaining Funding - How to Borrow Money SBA 7A Banks in Perryville, Missouri
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