Poplar Bluff, Missouri Bank Lends Money to Clothing Stores Company in Poplar Bluff, Missouri

A Poplar Bluff, Missouri SBA loan can be yours. Learn how a business got a $125,000 business loan from this Missouri bank.

This loan to an entrepreneur is a good example of an SBA loan. Southern Missouri Bank & Trust. made the loan and the SBA guaranteed a portion of the loan. Many other Missouri entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.

SBA Loan Borrower

COMPANY TYPE: CLOTHING STORES
POPLAR BLUFF, MO 63901

SBA Loan Lender

SOUTHERN MISSOURI BANK & TRUST.
531 VINE ST
POPLAR BLUFF, MO 63901

The lender provided this debt financing through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

448190 - Clothing Stores

Loan Approval Date

12/12/2006

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $62,500.

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 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 3 existing jobs.

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

If you have been wondering how do i get money to start a business in Poplar Bluff MO, you ought to talk with a local Poplar Bluff SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Poplar Bluff businesses.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Southern Missouri Bank & Trust. so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Alternative Financing

SBA 7A Lenders in Poplar Bluff, Missouri

Missouri SBA 7A Lenders