Missouri Bank Loan Issued to Newspaper Publishers Company

Would a Missouri SBA loan help your business get to the next level? If so, you may want to talk with this Missouri bank, which offers SBA loans to Missouri entrepreneurs.

You can learn something about getting a small business loan in Platte City, Missouri by studying this loan to a local business, made back in 2003. Banks like Platte Valley Bank Of Missouri may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: NEWSPAPER PUBLISHERS
PLATTE CITY, MO 64079

SBA Loan Lender

PLATTE VALLEY BANK OF MISSOURI
2400 NW PRAIRIE VIEW RD
PLATTE CITY, MO 64079

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

511110 - Newspaper Publishers

Loan Approval Date

9/26/2003

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $106,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need money to start business in Platte City MO, you ought to talk with a local Platte City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Platte City businesses.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Platte Valley Bank Of Missouri and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

How Equity Dilution Works

SBA 7A Banks for Platte City, Missouri Loans

Getting a Business Loan in Missouri