Branson, Missouri Lender Lends Money to Retail Stores Company
Get to know Branson, Missouri banks that specialize in SBA loans and know how to work with entrepreneurs. Ozark Mountain Bank is one such bank, as evidenced by this SBA loan to a growing company.
Finding a small business loan in Reeds Spring, Missouri starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Ozark Mountain Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: RETAIL STORES
REEDS SPRING, MO 65737
SBA Loan Lender
OZARK MOUNTAIN BANK
400 S BUSINESS 65
BRANSON, MO 65616
This lender issued this particular commercial 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
5999 - Retail Stores
NAICS Code
453920 - Art Dealers
Loan Approval Date
4/23/2004
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $85,000.
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 10 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees.
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SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
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.
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