Company Gets a Missouri Small Business Loan

Searching for a Missouri SBA loan? This Missouri entrepreneur got an SBA loan, provided by a Missouri bank that works with the SBA to help small business owners.

By giving the right information to Metropolitan National Bank, this Springfield, Missouri business was able to get an SBA loan. To get this loan, the applying company gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back.

SBA Loan Borrower

COMPANY TYPE: PHYSICIANS
SPRINGFIELD, MO 65807

SBA Loan Lender

METROPOLITAN NATIONAL BANK
3550 S NATIONAL
SPRINGFIELD, MO 65807

This SBA small business 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.

NAICS Code

621111 - Physicians

Loan Approval Date

7/6/2007

Loan Approval Gross Amount

$49,900

Loan Approval from the SBA

Of the total $49,900 loan amount, the SBA guaranteed $42,415.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 7 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 3 existing jobs.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

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.

Related Links:

Bank Credit Lines

SBA Participating Banks in Springfield, Missouri

Getting a Business Loan in Missouri