Borrowing Money for Soap and Detergent Manufacturing
Looking for loans for soap and detergent manufacturing? An SBA loan may be just what you've been looking for. This $290,000 soap and detergent manufacturing loan was issued by a Missouri bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Springfield, Missouri was able to borrow $290,000 from Empire Bank. The SBA made the loan possible by guaranteeing $217,500 of this Missouri small business loan.
SBA Loan Borrower
COMPANY TYPE: SOAP AND DETERGENT MANUFACTURING
SPRINGFIELD, MO 65807
SBA Loan Lender
EMPIRE BANK
1800 S GLENSTONE
SPRINGFIELD, MO 65804
This SBA 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
325611 - Soap and Detergent Manufacturing
Loan Approval Date
10/12/2006
Loan Approval Gross Amount
$290,000
Loan Approval from the SBA
Of the total $290,000 loan amount, the SBA guaranteed $217,500.
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 4 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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.
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