Where to Get Capital for Home and Garden Equipment Repair and Maintenance

Looking for SBA loans for home and garden equipment repair and maintenance? An SBA loan may be just what you've been looking for. This $8,300 home and garden equipment repair and maintenance loan was issued by a Missouri bank.

This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Bank Of Urbana, out of Urbana, Missouri. The loan was granted and they received $8,300 to help grow their Urbana, Missouri business.

SBA Loan Borrower

COMPANY TYPE: REPAIR SHOPS AND RELATED SERVICES
URBANA, MO 65767

SBA Loan Lender

BANK OF URBANA
109 N MAIN ST
URBANA, MO 65767

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

7699 - Repair Shops and Related Services

NAICS Code

811411 - Home and Garden Equipment Repair and Maintenance

Loan Approval Date

11/18/2004

Loan Approval Gross Amount

$8,300

Loan Approval from the SBA

Of the total $8,300 loan amount, the SBA guaranteed $4,150.

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 2 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Bank Of Urbana 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:

Borrowing Money from Friends and Family

Find an SBA Lender in Urbana, Missouri

SBA Participating Banks in Missouri