Get an SBA Loan for Special Trade Contractors

Looking for bank loans for special trade contractors? Talk to a banker who works with the SBA. This $550,000 special trade contractors loan was issued by a Missouri bank.

This company knew how to go about getting a business bank loan. Based in Weldon Spring, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was The Business Bank Of St. Louis, based in Clayton, Missouri.

SBA Loan Borrower

COMPANY TYPE: SPECIAL TRADE CONTRACTORS
WELDON SPRING, MO 63304

SBA Loan Lender

THE BUSINESS BANK OF ST. LOUIS
8000 MARYLAND AVE
CLAYTON, MO 63105

This SBA bank 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.

NAICS Code

235990 - Special Trade Contractors

Loan Approval Date

9/22/2005

Loan Approval Gross Amount

$550,000

Loan Approval from the SBA

Of the total $550,000 loan amount, the SBA guaranteed $412,500.

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 23 employees. The SBA loan documents did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

This SBA loan was for $550,000. How would you spend $550,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Direct Public Offerings

SBA 7A Banks for Clayton, Missouri Loans

Where to Get an SBA Loan Missouri