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November 21, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Nixa, Business Loans > Peoples Bank Of The Ozarks Nixa Business Loans > Personal Services Loan | ||||
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SBA Lenders in Missouri
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Raising Money for Personal Care ServicesLooking for business loans for personal care services? An SBA loan may be just what you've been looking for. This $69,000 personal care services loan was issued by a Missouri bank. This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Peoples Bank Of The Ozarks, out of Nixa, Missouri. The loan was granted and they received $69,000 to help grow their Republic, Missouri business. SBA Loan Borrower COMPANY TYPE: PERSONAL SERVICES SBA Loan Lender PEOPLES BANK OF THE OZARKS This lender issued this particular 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 7299 - Personal Services NAICS Code 812199 - Personal Care Services Loan Approval Date 4/15/2003 Loan Approval Gross Amount $69,000 Loan Approval from the SBA Of the total $69,000 loan amount, the SBA guaranteed $58,650. 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 application for the borrower did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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. Related Links: Find an SBA Lender in Missouri
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