Animal Slaughtering Loans
Looking for loans for animal slaughtering? Talk to a banker who works with the SBA. This $85,000 animal slaughtering loan was issued by a Missouri bank.
This small firm knew how to go about getting a business bank loan. Based in Rockville, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Community Bank - El Dorado Sprin, based in El Dorado Springs, Missouri.
SBA Loan Borrower
COMPANY TYPE: MEAT PACKING PLANTS
ROCKVILLE, MO 64780
SBA Loan Lender
COMMUNITY BANK - EL DORADO SPRIN
210 E 54 HWY
EL DORADO SPRINGS, MO 64744
This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
2011 - Meat Packing Plants
NAICS Code
311611 - Animal Slaughtering
Loan Approval Date
10/28/2003
Loan Approval Gross Amount
$85,000
Loan Approval from the SBA
Of the total $85,000 loan amount, the SBA guaranteed $72,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 6 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Community Bank - El Dorado Sprin had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Community Bank - El Dorado Sprin made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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:
Attracting Investors
Banks in El Dorado Springs, Missouri
SBA Lenders in Missouri