Household Appliance Stores SBA Loans

With these SBA loans for household appliance stores, the SBA guarantees the lender that the loan will be repaid. This household appliance stores loan for $150,000 was given to a Missouri entrepreneur in 2002.

Getting a small business loan in Sunrise Beach, Missouri was important for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Community Bank Of The Ozarks, operating out of Sunrise Beach, Missouri. Here are the details on this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: HOUSEHOLD APPLIANCE STORES
SUNRISE BEACH, MO 65079

SBA Loan Lender

COMMUNITY BANK OF THE OZARKS
13932 N HWY 5
SUNRISE BEACH, MO 65079

This SBA small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5722 - Household Appliance Stores

NAICS Code

443111 - Household Appliance Stores

Loan Approval Date

3/13/2002

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 14 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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 $150,000 loan. Remember, fight for what you want, and it will be yours!

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:

Obtaining Funding - How to Borrow Money

Find an SBA Lender in Sunrise Beach, Missouri

SBA Lenders in Missouri