Getting an SBA Loan for Cellular and Wireless
Looking for SBA loans for cellular and wireless? The SBA may be the answer. This $160,000 cellular and wireless loan was issued by a Missouri bank.
This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Liberty Bank, out of Springfield, Missouri. The loan was granted and they received $160,000 to help grow their Springfield, Missouri business.
SBA Loan Borrower
COMPANY TYPE: RADIOTELEPHONE COMMUNICATIONS
SPRINGFIELD, MO 65807
SBA Loan Lender
LIBERTY BANK
1414 E PRIMROSE
SPRINGFIELD, MO 65804
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
4812 - Radiotelephone Communications
NAICS Code
513322 - Cellular and Wireless
Loan Approval Date
1/11/2002
Loan Approval Gross Amount
$160,000
Loan Approval from the SBA
Of the total $160,000 loan amount, the SBA guaranteed $120,000.
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 30 employees. The loan application did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees.
Getting an SBA Loan For Your 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 firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Getting a Small Business Loan
Best Springfield, Missouri Banks for Small Business
Find an SBA Lender in Missouri