Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

St Louis, Missouri Bank Loan

 

 
Loan Census SBA Loan Info

Administrative Management and General Management Consulting Services Bank Loans

Looking for bank loans for administrative management and general management consulting services? An SBA loan may be just what you've been looking for. This $150,000 administrative management and general management consulting services loan was issued by a Missouri bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in St Louis, Missouri was able to borrow $150,000 from The Business Bank Of St. Louis. The SBA made the loan possible by guaranteeing $127,500 of this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: ADMINISTRATIVE MANAGEMENT AND GENERAL MANAGEMENT CONSULTING SERVICES
ST LOUIS, MO 63102

SBA Loan Lender

THE BUSINESS BANK OF ST. LOUIS
8000 MARYLAND AVE
CLAYTON, MO 63105

This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541611 - Administrative Management and General Management Consulting Services

Loan Approval Date

3/2/2004

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 11 employees. The SBA loan documents did not indicate that the business promised to use the funding to add employees or retain any existing employees.

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

If you are raising money in St Louis MO, you ought to talk with a local St Louis SBA lender or talk with an out-of-area SBA lender that has previously loaned money to St Louis businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. The Business Bank Of St. Louis had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, The Business Bank Of St. Louis made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Business Cash Advances

SBA 7A Lenders in Clayton, Missouri

Browse All Business Loan Sources for Missouri