Borrowing Money for Beef Cattle Ranching and Farming

With these small business loans for beef cattle ranching and farming, the SBA guarantees the lender that the loan will be repaid. This beef cattle ranching and farming loan for $200,000 was given to a Missouri entrepreneur in 2003.

Getting a small business loan in Seymour, Missouri was important for this company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from The Seymour Bank, operating out of Seymour, Missouri. Here are the details on this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: DAIRY FARMS
SEYMOUR, MO 65746

SBA Loan Lender

THE SEYMOUR BANK
119 MAIN ST
SEYMOUR, MO 65746

This lender issued this debt financing under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0241 - Dairy Farms

NAICS Code

112111 - Beef Cattle Ranching and Farming

Loan Approval Date

11/26/2003

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $170,000.

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 3 employees. This SBA loan request did not indicate that the small business planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like The Seymour 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.

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SBA Banks in Seymour, Missouri

Getting an SBA Loan in Missouri