Missouri Business Loan Issued to Manufacturing Industries Company

Would a Missouri bank loan help help your firm avoid a serious cash crunch? If so, you may want to talk with this Wyoming bank, which offers SBA loans to Missouri entrepreneurs.

Getting a small business loan in Rocheport, Missouri was a top priority for this loan applicant back in 2001 and, based on their loan application, they were successful in getting an SBA loan from First National Bank Of Buffalo. Here are the details on this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: MANUFACTURING INDUSTRIES
ROCHEPORT, MO 65279

SBA Loan Lender

FIRST NATIONAL BANK OF BUFFALO
141 S MAIN ST
BUFFALO, WY 82834

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3999 - Manufacturing Industries

NAICS Code

337122 - Nonupholstered Wood Household Furniture Manufacturing

Loan Approval Date

3/13/2001

Loan Approval Gross Amount

$58,000

Loan Approval from the SBA

Of the total $58,000 loan amount, the SBA guaranteed $49,300.

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 2 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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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