Loan Census Banking News and Information
December 19, 2024  
 
 
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Platte City, Missouri Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Platte City, Missouri Lender Lends Money to Full-Service Restaurants Company

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

Applying for an SBA loan with Platte Valley Bank Of Missouri worked out well for our friends at one local firm in Smithville, Missouri. They received an SBA loan for $165,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: FULL-SERVICE RESTAURANTS
SMITHVILLE, MO 64089

SBA Loan Lender

PLATTE VALLEY BANK OF MISSOURI
2400 NW PRAIRIE VIEW RD
PLATTE CITY, MO 64079

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

6/27/2007

Loan Approval Gross Amount

$165,000

Loan Approval from the SBA

Of the total $165,000 loan amount, the SBA guaranteed $123,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 8 employees. This SBA loan request indicated that the loan would help retain 8 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Platte Valley Bank Of Missouri so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

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Best Banks for Small Business in Platte City, Missouri

Missouri SBA 7A Lenders