Midwest Bankcentre SBA Loan to Mortgage And Nonmortgage Loan Brokers Company

Midwest Bankcentre has a track record as a leading provider of SBA loans. Find out how this Missouri entrepreneur received an SBA loan from them.

This small firm knew how to go about getting a business bank loan. Based in Sappington, Missouri, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Midwest Bankcentre, based in Saint Louis, Missouri.

SBA Loan Borrower

COMPANY TYPE: MORTGAGE AND NONMORTGAGE LOAN BROKERS
SAPPINGTON, MO 63123

SBA Loan Lender

MIDWEST BANKCENTRE
2191 LEMAY FERRY RD
SAINT LOUIS, MO 63125

This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

522310 - Mortgage and Nonmortgage Loan Brokers

Loan Approval Date

12/20/2000

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $20,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 10 existing jobs.

Next Steps for Getting an SBA Loan

If you need money to start business in Sappington MO, you ought to talk with a local Sappington SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sappington businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Debt Financing

SBA Participating Banks in Saint Louis, Missouri

Getting an SBA Loan in Missouri