Loan Census Banking News and Information
November 21, 2024  
 
 
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Banks in Springfield, Missouri That Make SBA Loans

 

 
Loan Census SBA Loan Info

Springfield, Missouri Bank Lends Money to Offices And Clinics Of Doctors Of Medicine Company in Springfield, Missouri

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

Applying for an SBA loan with Bancorpsouth Bank worked out well for our friends at one local firm in Springfield, Missouri. The business was able to get an SBA loan for $443,800. Great job!

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF DOCTORS OF MEDICINE
SPRINGFIELD, MO 65804

SBA Loan Lender

BANCORPSOUTH BANK
4039 S KANSAS EXPRESSWAY
SPRINGFIELD, MO 65807

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

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8011 - Offices and Clinics of Doctors of Medicine

NAICS Code

621111 - Physicians

Loan Approval Date

4/30/2002

Loan Approval Gross Amount

$443,800

Loan Approval from the SBA

Of the total $443,800 loan amount, the SBA guaranteed $332,850.

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 3 employees. This SBA loan request did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.

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

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

This SBA loan was for $443,800. How would you spend $443,800 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Business Cash Advances

SBA 7A Banks for Springfield, Missouri Loans

Where to Get an SBA Loan Missouri