Where to Get Capital for Store Retailers

With these small business loans for store retailers, the SBA guarantees the lender that the loan will be repaid. This store retailers loan for $36,200 was given to a Missouri entrepreneur in 2007.

This small firm knew how to go about getting a business bank loan. Based in Sikeston, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was First St. Bank & Trust Inc., based in Caruthersville, Missouri.

SBA Loan Borrower

COMPANY TYPE: STORE RETAILERS
SIKESTON, MO 63801

SBA Loan Lender

FIRST ST. BANK & TRUST INC.
100 W 3RD ST
CARUTHERSVILLE, MO 63830

This lender processed this commercial 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

453998 - Store Retailers

Loan Approval Date

1/18/2007

Loan Approval Gross Amount

$36,200

Loan Approval from the SBA

Of the total $36,200 loan amount, the SBA guaranteed $18,100.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great source of funding.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Alternative Financing

Small Business Banks in Caruthersville, Missouri

Missouri SBA 7A Banks