Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

Wentzvilles, Missouri Bank Loan

 

 
Loan Census SBA Loan Info

Where to Get Capital for General Rental Centers

Looking for small business loans for general rental centers? The SBA may be the answer. This $300,000 general rental centers loan was issued by a Missouri bank.

This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Heartland Bank, out of Saint Louis, Missouri. The loan was granted and they received $300,000 to help grow their Wentzvilles, Missouri business.

SBA Loan Borrower

COMPANY TYPE: GENERAL RENTAL CENTERS
WENTZVILLES, MO 63385

SBA Loan Lender

HEARTLAND BANK
212 S CENTRAL AVE, STE 200
SAINT LOUIS, MO 63105

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

532310 - General Rental Centers

Loan Approval Date

7/1/2005

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $225,000.

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 29 employees. This SBA loan request indicated that the loan would help retain 29 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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.

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