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December 19, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Saint Louis, Business Loans > Heartland Bank Saint Louis Business Loans > Store Retailers Loan | ||||
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Saint Louis SBA Loan from Heartland Bank
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Heartland Bank SBA Loan to Store Retailers CompanyAn SBA loan from Heartland Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Saint Louis, Missouri business owner got a $45,000 loan. Getting a small business loan in Saint Louis, Missouri was an essential business goal for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Heartland Bank, operating out of Saint Louis, Missouri. Here are the details on this Missouri small business loan. SBA Loan Borrower COMPANY TYPE: STORE RETAILERS SBA Loan Lender HEARTLAND BANK This lender issued this particular SBA business 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. NAICS Code 453998 - Store Retailers Loan Approval Date 3/23/2004 Loan Approval Gross Amount $45,000 Loan Approval from the SBA Of the total $45,000 loan amount, the SBA guaranteed $38,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 12 employees. This SBA loan request did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Heartland Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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: Banks in Saint Louis, Missouri Getting a Business Loan in Missouri
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