Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

Banks in Carthage, Missouri That Make SBA Loans

 

 
Loan Census SBA Loan Info

Carthage, Missouri Lender Lends Money to Insurance Agencies And Brokerages Company

Thinking about meeting with a Carthage, Missouri bank about an SBA loan? Here's one Missouri business loan, issued by a Carthage bank, that was approved by the SBA.

Applying for an SBA loan with Southwest Missouri Bank worked out well for our friends at one local firm in Seneca, Missouri. The business was able to get an SBA loan for $10,000. Great job!

SBA Loan Borrower

COMPANY TYPE: INSURANCE AGENCIES AND BROKERAGES
SENECA, MO 64865

SBA Loan Lender

SOUTHWEST MISSOURI BANK
300 W 3RD ST
CARTHAGE, MO 64836

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

524210 - Insurance Agencies and Brokerages

Loan Approval Date

12/1/2006

Loan Approval Gross Amount

$10,000

Loan Approval from the SBA

Of the total $10,000 loan amount, the SBA guaranteed $5,000.

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 only one employee. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

If you are raising money in Seneca MO, you ought to talk with a local Seneca SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Seneca businesses.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

The Art of Bootstrapping

SBA Banks in Carthage, Missouri

SBA Missouri Lenders