Get an SBA Loan for Building Material Dealers
With these bank loans for building material dealers, the SBA guarantees the lender that the loan will be repaid. This building material dealers loan for $150,000 was given to a Missouri entrepreneur in 2002.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Pineville, Missouri was able to borrow $150,000 from Anb Finan. The SBA made the loan possible by guaranteeing $127,500 of this Missouri small business loan.
SBA Loan Borrower
COMPANY TYPE: BRICK, STONE, AND RELATED CONSTRUCTION MATERIALS
PINEVILLE, MO 64856
SBA Loan Lender
ANB FINAN
706 S WALTON BLVD
BENTONVILLE, AR 72712
This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5032 - Brick, Stone, and Related Construction Materials
NAICS Code
444190 - Building Material Dealers
Loan Approval Date
11/14/2002
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 15 employees. This SBA loan request did not indicate that the small business 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?
If you are working on finding money to start a business in Pineville MO, you ought to talk with a local Pineville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Pineville businesses.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Anb Finan and they will explain how you can get an SBA loan for your company.
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:
SBIR Funding
SBA 7A Banks in Bentonville, Arkansas
Arkansas SBA Banks