St. Peters,, Missouri Business Gets SBA-Guaranteed Funding from Bank Of Belton

Bank Of Belton and the SBA work together to get business loans for growing small businesses. Here's an example of how a Missouri entrepreneur was able to get a loan to take a small business to the next level.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in St. Peters,, Missouri was able to borrow $136,200 from Bank Of Belton. The SBA made the loan possible by guaranteeing $122,580 of this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: DIGITAL PRINTING
ST. PETERS,, MO 63376

SBA Loan Lender

BANK OF BELTON
204 MAIN ST
BELTON, MO 64012

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

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323115 - Digital Printing

Loan Approval Date

9/21/2005

Loan Approval Gross Amount

$136,200

Loan Approval from the SBA

Of the total $136,200 loan amount, the SBA guaranteed $122,580.

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 4 employees. The SBA loan documents did not indicate that the small business planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

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.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Bank Of Belton had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Bank Of Belton 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:

Financing Your Business

Good Banks for Small Business in Belton, Missouri

Missouri SBA Banks