Ship Building and Repairing Small Business Loans

Looking for small business loans for ship building and repairing? Try the SBA. This $116,000 ship building and repairing loan was issued by a Missouri bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Stockton, Missouri was able to borrow $116,000 from Liberty Bank. The SBA made the loan possible by guaranteeing $98,600 of this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: SHIP BUILDING AND REPAIRING
STOCKTON, MO 65785

SBA Loan Lender

LIBERTY BANK
1414 E PRIMROSE
SPRINGFIELD, MO 65804

This was a Low Documentation SBA loan. The SBA launched this program to reduce the paperwork associated with getting a loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

336611 - Ship Building and Repairing

Loan Approval Date

9/9/2005

Loan Approval Gross Amount

$116,000

Loan Approval from the SBA

Of the total $116,000 loan amount, the SBA guaranteed $98,600.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 loan application did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you have been wondering how do i get money to start a business in Stockton MO, you ought to talk with a local Stockton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Stockton businesses.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Liberty Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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 Incubators

Small Bank Loans in Springfield, Missouri

Find an SBA Lender in Missouri