Countryside Bank SBA Loan to Employment Agencies Company
Looking to get a Missouri SBA loan? Here's one Missouri business loan that was approved by the SBA.
This growing company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Countryside Bank, out of Republic, Missouri. The loan was granted and they received $52,000 to help grow their Springfield, Missouri business.
SBA Loan Borrower
COMPANY TYPE: EMPLOYMENT AGENCIES
SPRINGFIELD, MO 65738
SBA Loan Lender
COUNTRYSIDE BANK
520 E ELM ST
REPUBLIC, MO 65738
This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7361 - Employment Agencies
NAICS Code
561310 -
Loan Approval Date
2/28/2003
Loan Approval Gross Amount
$52,000
Loan Approval from the SBA
Of the total $52,000 loan amount, the SBA guaranteed $44,200.
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 4 employees. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
We can help you find the best banks for small businesses in Springfield or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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