Kansas City, Missouri Bank Lends Money to General Long-Distance Freight Trucking Company in St Louis, Missouri
Want to talk with a Kansas City, Missouri bank about an SBA loan? Here's one Missouri business loan, issued by a Kansas City bank, that was approved by the SBA.
Applying for an SBA loan with Commerce Bank worked out well for our friends at one local firm in St Louis, Missouri. They received an SBA loan for $35,000. Way to go!
SBA Loan Borrower
COMPANY TYPE: GENERAL LONG-DISTANCE FREIGHT TRUCKING
ST LOUIS, MO 63123
SBA Loan Lender
COMMERCE BANK
1000 WALNUT ST
KANSAS CITY, MO 64141
This lender processed this loan for a small business under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
484121 - General Long-Distance Freight Trucking
Loan Approval Date
11/7/2007
Loan Approval Gross Amount
$35,000
Loan Approval from the SBA
Of the total $35,000 loan amount, the SBA guaranteed $17,500.
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 6 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 7 existing jobs.
Getting an SBA Loan For Your Business
If you are wondering how to raise money for a company 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.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Commerce Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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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