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December 19, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > West Plains, Business Loans > Community 1st National Bank - W. Pla West Plains Business Loans > Computer And Computer Software Stores Loan | ||||
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West Plains, Missouri SBA Lenders
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West Plains, Missouri Bank Lends Money to Computer And Computer Software Stores Company in West Plains, MissouriWant to talk with a West Plains, Missouri bank about an SBA loan? Here's one Missouri business loan, issued by a West Plains bank, that was approved by the SBA. Applying for an SBA loan with Community 1st National Bank - W. Pla worked out well for our friends at one local company in West Plains, Missouri. They got an SBA loan for $50,000. Way to go! SBA Loan Borrower COMPANY TYPE: COMPUTER AND COMPUTER SOFTWARE STORES SBA Loan Lender COMMUNITY 1ST NATIONAL BANK - W. PLA The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide business loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5734 - Computer and Computer Software Stores NAICS Code 443112 - Radio, Television, and Electronics Stores Loan Approval Date 2/22/2002 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $42,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 30 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $50,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Who Lends Money to Small Businesses in West Plains, Missouri
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