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

Heartland Bank SBA 7A Loans

 

 
Loan Census SBA Loan Info

Loans for Tire Dealers

With these loans for tire dealers, the SBA guarantees the lender that the loan will be repaid. This tire dealers loan for $1,000,000 was given to a Missouri entrepreneur in 2005.

Getting a small business loan in St. Louis, Missouri was important for this growing firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Heartland Bank, operating out of Saint Louis, Missouri. Here are the details on this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: TIRE DEALERS
ST. LOUIS, MO 63136

SBA Loan Lender

HEARTLAND BANK
212 S CENTRAL AVE, STE 200
SAINT LOUIS, MO 63105

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

441320 - Tire Dealers

Loan Approval Date

4/11/2005

Loan Approval Gross Amount

$1,000,000

Loan Approval from the SBA

Of the total $1,000,000 loan amount, the SBA guaranteed $600,000.

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 22 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are working on finding money to start a business 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.

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.

Related Links:

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SBA 7A Lenders in Saint Louis, Missouri

Missouri SBA Bank Lenders