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November 24, 2024  
 
 
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Missouri SBA 7A Lenders

 

 
Loan Census SBA Loan Info

Bolivar, Missouri Bank Lends Money to Printing Machinery And Equipment Manufacturing Company in Springfield, Missouri

Get small business loans from a Bolivar, Missouri bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Bank Of Bolivar is a Bolivar, Missouri small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Missouri company.

SBA Loan Borrower

COMPANY TYPE: PRINTING MACHINERY AND EQUIPMENT MANUFACTURING
SPRINGFIELD, MO 65803

SBA Loan Lender

BANK OF BOLIVAR
495 S SPRINGFIELD AVE
BOLIVAR, MO 65613

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

333293 - Printing Machinery and Equipment Manufacturing

Loan Approval Date

6/15/2006

Loan Approval Gross Amount

$355,000

Loan Approval from the SBA

Of the total $355,000 loan amount, the SBA guaranteed $266,250.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 only one employee. This SBA loan request did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Bank Of Bolivar and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Obtaining Funding - How to Decide How Much to Raise

SBA Participating Banks in Bolivar, Missouri

Where to Get an SBA Loan Missouri