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December 22, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Nixa, Business Loans > Peoples Bank Of The Ozarks Nixa Business Loans > Sports And Recreation Instruction Loan | ||||
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Banks Doing SBA Loans in Missouri
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Nixa, Missouri Bank Gives SBA Loan to Sports And Recreation Instruction CompanyFind Nixa, Missouri banks that specialize in SBA loans and know how to work with entrepreneurs. Peoples Bank Of The Ozarks is one such bank, as evidenced by this SBA loan to one business. Finding a small business loan in Springfield, Missouri starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Peoples Bank Of The Ozarks. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: SPORTS AND RECREATION INSTRUCTION SBA Loan Lender PEOPLES BANK OF THE OZARKS 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. NAICS Code 611620 - Sports and Recreation Instruction Loan Approval Date 9/28/2005 Loan Approval Gross Amount $107,100 Loan Approval from the SBA Of the total $107,100 loan amount, the SBA guaranteed $91,035. 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 5 employees. The loan application did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. This SBA loan was for $107,100. How would you spend $107,100 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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:
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