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November 21, 2024  
 
 
  Business Loan Information  
 

We Needed a Small Business Loan in Springfield, Missouri and We Got One!

 

 
Loan Census SBA Loan Info

Investment Banking and Securities Dealing Loans

Looking for loans for investment banking and securities dealing? An SBA loan may be just what you've been looking for. This $40,800 investment banking and securities dealing loan was issued by a Missouri bank.

Getting a small business loan in Springfield, Missouri was important for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Bancorpsouth Bank, operating out of Springfield, Missouri. Here are the details on this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: SERVICES ALLIED WITH THE EXCHANGE OF SECURITIES
SPRINGFIELD, MO 65807

SBA Loan Lender

BANCORPSOUTH BANK
3939 S FREMONT
SPRINGFIELD, MO 65804

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

6289 - Services Allied With the Exchange of Securities

NAICS Code

523110 - Investment Banking and Securities Dealing

Loan Approval Date

3/13/2001

Loan Approval Gross Amount

$40,800

Loan Approval from the SBA

Of the total $40,800 loan amount, the SBA guaranteed $34,680.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. This SBA loan request did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.

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

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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:

SBIR Funding

Small Bank Loans in Springfield, Missouri

Missouri SBA 7A Lenders