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November 21, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Carthage, Business Loans > Hometown Bank Carthage Business Loans > Lawyers Loan | ||||
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SBA Lenders for Pineville, Missouri Small Businesses
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Borrowing Money for LawyersLooking for small business loans for lawyers? The SBA may be the answer. This $40,000 lawyers loan was issued by a Missouri bank. This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Hometown Bank, out of Carthage, Missouri. The loan was granted and they received $40,000 to help grow their Pineville, Missouri business. SBA Loan Borrower COMPANY TYPE: LAWYERS SBA Loan Lender HOMETOWN BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541110 - Lawyers Loan Approval Date 5/18/2005 Loan Approval Gross Amount $40,000 Loan Approval from the SBA Of the total $40,000 loan amount, the SBA guaranteed $34,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents 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? For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. We can help you find the best banks for small businesses in Pineville or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: The Friends and Family Network SBA 7A Banks in Carthage, Missouri
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