Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Missouri Bank SBA Loans

 

 
Loan Census SBA Loan Info

Commerce Bank SBA Loan to Computer Related Services Company

Looking to get a Missouri small business loan? Here's one Missouri business loan that was approved by the SBA.

This small business needed an SBA business loan in Springfield, Missouri back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Commerce Bank, operating out of Kansas City, Missouri. Here are the details on this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: COMPUTER RELATED SERVICES
SPRINGFIELD, MO 65804

SBA Loan Lender

COMMERCE BANK
1000 WALNUT ST
KANSAS CITY, MO 64141

This lender processed this small business 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.

SIC Code

7379 - Computer Related Services

Loan Approval Date

1/5/2000

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 an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the borrowed money would help create 1 new job.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? 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:

Investor Turnoffs

Good Banks for Small Business in Kansas City, Missouri

SBA Participating Banks in Missouri