Missouri Small Business Loan Issued to Motor Vehicle Parts Merchant Wholesalers Company

MissouriSmall business loans are available to Missouri small business owners through the SBA. In this case, a Missouri bank provides the loan.

Getting a small business loan in St. James, Missouri was a top priority for this small company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Phelps County Bank. Here are the details on this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: MOTOR VEHICLE PARTS MERCHANT WHOLESALERS
ST. JAMES, MO 65559

SBA Loan Lender

PHELPS COUNTY BANK
718 N PINE ST
ROLLA, MO 65401

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

423140 - Motor Vehicle Parts Merchant Wholesalers

Loan Approval Date

8/1/2007

Loan Approval Gross Amount

$1,020,000

Loan Approval from the SBA

Of the total $1,020,000 loan amount, the SBA guaranteed $765,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 10 employees. The SBA loan documents indicated that the loan would help create 10 new jobs.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $1,020,000 loan. Remember, things become real when you believe you can achieve them!

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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