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December 22, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Springfield, Business Loans > Liberty Bank Springfield Business Loans > Furniture Stores Loan | ||||
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Get a Small Business Loan in Springfield, Missouri
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Firm Gets a Missouri Bank LoanMissouriSmall business loans are available to Missouri small business owners through the SBA. In this case, a Missouri bank provides the loan. Getting a small business loan in Springfield, Missouri was a top priority for this small company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Liberty Bank. Here are the details on this Missouri small business loan. SBA Loan Borrower COMPANY TYPE: FURNITURE STORES SBA Loan Lender LIBERTY BANK This lender issued this particular SBA small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5712 - Furniture Stores NAICS Code 442110 - Furniture Stores Loan Approval Date 10/22/2003 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $85,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 16 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you need business start up money in Springfield MO, you ought to talk with a local Springfield SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Springfield businesses. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Liberty 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. Related Links: Realistic Debt Financing Options Banks in Springfield, Missouri Getting an SBA Loan in Missouri
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