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November 14, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Reeds Spring, Business Loans > Great Southern Bank Reeds Spring Business Loans > Store Retailers Loan | ||||
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Reeds Spring, Missouri SBA 7A Banks
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Reeds Spring, Missouri Lender Lends Money to Store Retailers CompanyGet business loans from a Reeds Spring, Missouri bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. Great Southern Bank is a Reeds Spring, Missouri small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Missouri company. SBA Loan Borrower COMPANY TYPE: STORE RETAILERS SBA Loan Lender GREAT SOUTHERN BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 453998 - Store Retailers Loan Approval Date 10/19/2007 Loan Approval Gross Amount $81,400 Loan Approval from the SBA Of the total $81,400 loan amount, the SBA guaranteed $40,700. 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 6 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 6 existing jobs. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $81,400 loan. Remember, feel the fear, and do it anyway. 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: How Much Venture Capital Is There? SBA 7A Banks in Reeds Spring, Missouri
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