Company Gets a Missouri Small Business Loan

MissouriSBA loans are available to Missouri entrepreneurs through the SBA. In this case, a Missouri bank provides the loan.

You can learn something about getting a small business loan in Strafford, Missouri by studying this loan to a local business, made back in 2003. Banks like Bank Of Urbana may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: EXCAVATION WORK
STRAFFORD, MO 65757

SBA Loan Lender

BANK OF URBANA
109 N MAIN ST
URBANA, MO 65767

The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

SIC Code

1794 - Excavation Work

NAICS Code

238990 - Specialty Trade Contractors

Loan Approval Date

9/9/2003

Loan Approval Gross Amount

$77,000

Loan Approval from the SBA

Of the total $77,000 loan amount, the SBA guaranteed $38,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the funding would help generate 2 new jobs.

Start the Process for Getting an SBA Loan Today!

If you need money to start business in Strafford MO, you ought to talk with a local Strafford SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Strafford businesses.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Determining Proper Capital Structure for a Business

SBA Banks in Urbana, Missouri

SBA Missouri Banks